MICRO E-MINI NASDAQ100 FULL0624

- USD (-)

- 10 min delayed data - CME E-mini Futures

Open:	-
Change:	-
Volume:	-

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

Type:	Futures
Ticker:	MNQXXXX
ISIN:	MNQXXXX

MICRO E-MINI NASDAQ100 FULL0624 - Daily - Technical analysis published on 01/19/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 12,411.50 USD

My targets

13,097.20 USD (+1.47%)

My analysis

The bullish trend is currently very strong on MICRO E-MINI NASDAQ100 FULL0321. As long as the price remains above the support at 12,411.50 USD, you could try to benefit from the boom. The first bullish objective is located at 13,097.20 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.8

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 ab_viz. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MICRO E-MINI NASDAQ100 FULL0321 price is 12,907.75 USD. The price has increased by +0.82% since the last closing with the lowest point at 12,810.25 USD and the highest point at 12,949.25 USD. The deviation from the price is +0.76% for the low point and -0.32% for the high point.

12,810.25

12,949.25

12,907.75

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

Here is a more detailed summary of the historical variations registered by MICRO E-MINI NASDAQ100 FULL0321:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of MICRO E-MINI NASDAQ100 FULL0321 in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	11,046.20	11,596.50	12,411.50	12,907.75	13,097.20
Change (%)	-14.42%	-10.16%	-3.84%	-	+1.47%
Change	-1,861.55	-1,311.25	-496.25	-	+189.45
Level	Intermediate	Minor	Major	-	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,663.93	12,695.47	12,753.73	12,785.27	12,843.53	12,875.07	12,933.33
Camarilla	12,787.31	12,795.54	12,803.77	12,812.00	12,820.23	12,828.46	12,836.70
Woodie	12,677.30	12,702.15	12,767.10	12,791.95	12,856.90	12,881.75	12,946.70
Fibonacci	12,695.47	12,729.77	12,750.96	12,785.27	12,819.57	12,840.76	12,875.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12,299.47	12,521.33	12,661.77	12,883.63	13,024.07	13,245.93	13,386.37
Camarilla	12,702.57	12,735.78	12,768.99	12,802.20	12,835.41	12,868.62	12,901.83
Woodie	12,258.75	12,500.98	12,621.05	12,863.28	12,983.35	13,225.58	13,345.65
Fibonacci	12,521.33	12,659.73	12,745.24	12,883.63	13,022.03	13,107.53	13,245.93

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11,729.40	11,973.70	12,429.60	12,673.90	13,129.80	13,374.10	13,830.00
Camarilla	12,692.95	12,757.13	12,821.32	12,885.50	12,949.69	13,013.87	13,078.06
Woodie	11,835.20	12,026.60	12,535.40	12,726.80	13,235.60	13,427.00	13,935.80
Fibonacci	11,973.70	12,241.18	12,406.42	12,673.90	12,941.38	13,106.62	13,374.10

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):	56.90
MACD (12,26,9):	115.9700
Directional Movement:	0.27
AROON (14):	14.29
DEMA (21):	12,967.22
Parabolic SAR (0,02-0,02-0,2):	12,648.78
Elder Ray (13):	70.29
Super Trend (3,10):	12,374.38
Zig ZAG (10):	12,904.75
VORTEX (21):	1.0300
Stochastique (14,3,5):	54.83
TEMA (21):	12,919.72
Williams %R (14):	-35.24
Chande Momentum Oscillator (20):	17.25
Repulse (5,40,3):	-0.2700
ROCnROLL:	1
TRIX (15,9):	0.1600
Courbe Coppock:	1.98

MA7:	12,883.09
MA20:	12,822.30
MA50:	12,471.56
MA100:	11,983.44
MAexp7:	12,871.42
MAexp20:	12,793.11
MAexp50:	12,490.46
MAexp100:	12,015.02
Price / MA7:	+0.19%
Price / MA20:	+0.67%
Price / MA50:	+3.50%
Price / MA100:	+7.71%
Price / MAexp7:	+0.28%
Price / MAexp20:	+0.90%
Price / MAexp50:	+3.34%
Price / MAexp100:	+7.43%

Quotes : 2021-01-19 13:13:45 - 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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