MICRO E-MINI S&P500 FULL0624
MICRO E-MINI S&P500 FULL0624
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: MESXXXX
ISIN: MESXXXX

MICRO E-MINI S&P500 FULL0624 - 1H - Technical analysis published on 10/13/2020 (GMT)

  • Who voted?
  • 86
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 3,464.00 USD
My targets
3,541.25 USD (+0.33%)
3,579.25 USD (+1.41%)
My analysis
MICRO E-MINI S&P500 FULL1220 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3,464.00 USD. The next resistance located at 3,541.25 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3,579.25 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
7

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 AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

MICRO E-MINI S&P500 FULL1220 rating 3,529.50 USD. On the day, this instrument lost -0.09% and was traded between 3,510.25 USD and 3,536.00 USD over the period. The price is currently at +0.55% from its lowest and -0.18% from its highest.

3,510.25
3,536.00
3,529.50

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MICRO E-MINI S&P500 FULL1220:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this MICRO E-MINI S&P500 FULL1220 chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 3,388.00 3,421.72 3,464.00 3,529.50 3,541.25 3,579.25
Change (%) -4.01% -3.05% -1.86% - +0.33% +1.41%
Change -141.50 -107.78 -65.50 - +11.75 +49.75
Level Major Intermediate Minor - Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,406.503,435.253,483.753,512.503,561.003,589.753,638.25
Camarilla3,511.013,518.093,525.173,532.253,539.333,546.413,553.49
Woodie3,416.383,440.193,493.633,517.443,570.883,594.693,648.13
Fibonacci3,435.253,464.763,482.993,512.503,542.013,560.243,589.75


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,228.753,279.753,378.003,429.003,527.253,578.253,676.50
Camarilla3,435.213,448.893,462.573,476.253,489.933,503.613,517.29
Woodie3,252.383,291.563,401.633,440.813,550.883,590.063,700.13
Fibonacci3,279.753,336.763,371.993,429.003,486.013,521.243,578.25


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,792.502,995.253,181.503,384.253,570.503,773.253,959.50
Camarilla3,260.783,296.433,332.093,367.753,403.413,439.073,474.73
Woodie2,784.252,991.133,173.253,380.133,562.253,769.133,951.25
Fibonacci2,995.253,143.853,235.653,384.253,532.853,624.653,773.25

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 63.19
MACD (12,26,9): 9.4100
Directional Movement: 14.42
AROON (14): -85.71
DEMA (21): 3,531.13
Parabolic SAR (0,02-0,02-0,2): 3,510.25
Elder Ray (13): 6.51
Super Trend (3,10): 3,507.36
Zig ZAG (10): 3,530.25
VORTEX (21): 1.1700
Stochastique (14,3,5): 46.02
TEMA (21): 3,528.55
Williams %R (14): -26.32
Chande Momentum Oscillator (20): -1.00
Repulse (5,40,3): 0.4300
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 0.01
MA7: 3,445.89
MA20: 3,361.85
MA50: 3,387.24
MA100: 3,266.95
MAexp7: 3,523.91
MAexp20: 3,517.12
MAexp50: 3,493.80
MAexp100: 3,462.30
Price / MA7: +2.43%
Price / MA20: +4.99%
Price / MA50: +4.20%
Price / MA100: +8.04%
Price / MAexp7: +0.16%
Price / MAexp20: +0.35%
Price / MAexp50: +1.02%
Price / MAexp100: +1.94%

Quotes : 2020-10-13 09:35:25 - 15 min delayed data - CME E-mini Futures

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

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis MICRO E-MINI S&P500 FULL0624 - 1H