S&P500 INDEX

- USD (-)

- End-of-day data - S&P Base Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	SP500
ISIN:

S&P500 INDEX - Daily - Technical analysis published on 06/22/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

44%

22%

My opinion

Bearish under 3,900.79 USD

My targets

3,580.84 USD (-4.89%)

3,386.15 USD (-10.06%)

My analysis

S&P500 INDEX is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3,900.79 USD. The next support located at 3,580.84 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3,386.15 USD. Below this support, sellers could then target 2,930.75 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

6.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by ZIZOU93. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

S&P500 INDEX rating 3,764.79 USD. The price has increased by +2.45% since the last closing with the lowest point at 3,715.31 USD and the highest point at 3,779.65 USD. The deviation from the price is +1.33% for the low point and -0.39% for the high point.

3,715.31

3,779.65

3,764.79

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of S&P500 INDEX indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 4 are neutral and 8 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

White morning star

Type : Bullish

Timeframe : Daily

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2,930.75	3,386.15	3,580.84	3,764.79	3,900.79	4,173.72	4,305.67
Change (%)	-22.15%	-10.06%	-4.89%	-	+3.61%	+10.86%	+14.37%
Change	-834.04	-378.64	-183.95	-	+136.00	+408.93	+540.88
Level	Intermediate	Intermediate	Minor	-	Major	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,662.51	3,688.91	3,726.85	3,753.25	3,791.19	3,817.59	3,855.53
Camarilla	3,747.10	3,752.99	3,758.89	3,764.79	3,770.69	3,776.59	3,782.48
Woodie	3,668.28	3,691.80	3,732.62	3,756.14	3,796.96	3,820.48	3,861.30
Fibonacci	3,688.91	3,713.49	3,728.67	3,753.25	3,777.83	3,793.01	3,817.59

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,393.81	3,515.34	3,595.09	3,716.62	3,796.37	3,917.90	3,997.65
Camarilla	3,619.49	3,637.94	3,656.39	3,674.84	3,693.29	3,711.74	3,730.19
Woodie	3,372.92	3,504.90	3,574.20	3,706.18	3,775.48	3,907.46	3,976.76
Fibonacci	3,515.34	3,592.23	3,639.73	3,716.62	3,793.51	3,841.01	3,917.90

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3,361.75	3,586.04	3,859.09	4,083.38	4,356.43	4,580.72	4,853.77
Camarilla	3,995.38	4,040.97	4,086.56	4,132.15	4,177.74	4,223.33	4,268.92
Woodie	3,386.14	3,598.23	3,883.48	4,095.57	4,380.82	4,592.91	4,878.16
Fibonacci	3,586.04	3,776.02	3,893.39	4,083.38	4,273.36	4,390.73	4,580.72

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	38.48
MACD (12,26,9):	-105.9200
Directional Movement:	-16.44
AROON (14):	-78.57
DEMA (21):	3,788.49
Parabolic SAR (0,02-0,02-0,2):	4,022.39
Elder Ray (13):	-111.63
Super Trend (3,10):	3,973.86
Zig ZAG (10):	3,764.79
VORTEX (21):	0.8800
Stochastique (14,3,5):	11.90
TEMA (21):	3,746.65
Williams %R (14):	-76.34
Chande Momentum Oscillator (20):	-412.03
Repulse (5,40,3):	0.2200
ROCnROLL:	2
TRIX (15,9):	-0.2500
Courbe Coppock:	13.90

MA7:	3,754.62
MA20:	3,966.34
MA50:	4,102.46
MA100:	4,263.15
MAexp7:	3,783.39
MAexp20:	3,916.38
MAexp50:	4,070.27
MAexp100:	4,210.47
Price / MA7:	+0.27%
Price / MA20:	-5.08%
Price / MA50:	-8.23%
Price / MA100:	-11.69%
Price / MAexp7:	-0.49%
Price / MAexp20:	-3.87%
Price / MAexp50:	-7.51%
Price / MAexp100:	-10.59%

Quotes : - End-of-day data - S&P Base Indices

News

The last news published on S&P500 INDEX at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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