NASDAQ100 - MINI NASDAQ100 FULL0624
NASDAQ100 - MINI NASDAQ100 FULL0624
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: NQXXXX
ISIN: NQXXXX

NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 03/28/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 18,590.83 USD
My targets
18,397.58 USD (-0.44%)
18,291.42 USD (-1.01%)
My analysis
NASDAQ100 - MINI NASDAQ100 FULL0624 is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 18,590.83 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 18,397.58 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 18,291.42 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 18,204.33 USD. Beware of a possible return to above the resistance located at 18,590.83 USD which would be a sign of a correction of the short-term bearish excesses registered.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.3

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

NASDAQ100 - MINI NASDAQ100 FULL0624 rating 18,478.00 USD. The price is lower by -0.14% since the last closing with the lowest point at 18,457.25 USD and the highest point at 18,538.75 USD. The deviation from the price is +0.11% for the low point and -0.33% for the high point.

18,457.25
18,538.75
18,478.00

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

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 Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of NASDAQ100 - MINI NASDAQ100 FULL0624 indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes



An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 15 minutes



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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 18,053.25 18,151.00 18,379.75 18,478.00 18,492.00 18,581.35 18,709.00
Change (%) -2.30% -1.77% -0.53% - +0.08% +0.56% +1.25%
Change -424.75 -327.00 -98.25 - +14.00 +103.35 +231.00
Level Minor Minor Major - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18,204.3318,291.4218,397.5818,484.6718,590.8318,677.9218,784.08
Camarilla18,450.6118,468.3218,486.0418,503.7518,521.4718,539.1818,556.89
Woodie18,213.8818,296.1918,407.1318,489.4418,600.3818,682.6918,793.63
Fibonacci18,291.4218,365.2418,410.8518,484.6718,558.4918,604.1018,677.92


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17,526.5817,789.9218,182.3318,445.6718,838.0819,101.4219,493.83
Camarilla18,394.4218,454.5318,514.6418,574.7518,634.8618,694.9718,755.08
Woodie17,591.1317,822.1918,246.8818,477.9418,902.6319,133.6919,558.38
Fibonacci17,789.9218,040.4118,195.1718,445.6718,696.1618,850.9219,101.42


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16,930.5817,275.4217,930.5818,275.4218,930.5819,275.4219,930.58
Camarilla18,310.7518,402.4218,494.0818,585.7518,677.4218,769.0818,860.75
Woodie17,085.7517,353.0018,085.7518,353.0019,085.7519,353.0020,085.75
Fibonacci17,275.4217,657.4217,893.4218,275.4218,657.4218,893.4219,275.42

Numerical data


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

Technical indicators
Moving averages

RSI (14): 44.59
MACD (12,26,9): -1.6400
Directional Movement: -2.97
AROON (14): 14.29
DEMA (21): 18,493.39
Parabolic SAR (0,02-0,02-0,2): 18,532.45
Elder Ray (13): -13.43
Super Trend (3,10): 18,449.74
Zig ZAG (10): 18,475.00
VORTEX (21): 1.0000
Stochastique (14,3,5): 31.39
TEMA (21): 18,491.09
Williams %R (14): -74.54
Chande Momentum Oscillator (20): -35.50
Repulse (5,40,3): -0.0800
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.10
MA7: 18,507.86
MA20: 18,391.78
MA50: 18,148.72
MA100: 17,449.70
MAexp7: 18,486.15
MAexp20: 18,494.74
MAexp50: 18,493.66
MAexp100: 18,493.58
Price / MA7: -0.16%
Price / MA20: +0.47%
Price / MA50: +1.81%
Price / MA100: +5.89%
Price / MAexp7: -0.04%
Price / MAexp20: -0.09%
Price / MAexp50: -0.08%
Price / MAexp100: -0.08%

Quotes : - 10 min delayed data - CME E-mini Futures

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

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