S&P500 - MINI S&P500 FULL0624 - 15 min. - Technical analysis published on 05/13/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 4,086.75 USD
My targets
4,023.00 USD (-0.46%)
3,987.25 USD (-1.35%)
My analysis
The bearish trend is currently very strong for S&P500 - MINI S&P500 FULL0621. As long as the price remains below the resistance at 4,086.75 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 4,023.00 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3,987.25 USD as an objective. Crossing it would then enable sellers to target 3,923.50 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.5
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This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The S&P500 - MINI S&P500 FULL0621 price is 4,041.75 USD. The price registered a decrease of -0.42% on the session and was between 4,037.25 USD and 4,077.25 USD. This implies that the price is at +0.11% from its lowest and at -0.87% from its highest.4,037.25
4,077.25
4,041.75
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by S&P500 - MINI S&P500 FULL0621:
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
Technical analysis of this 15 min. chart of S&P500 - MINI S&P500 FULL0621 indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 2 are neutral and 12 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
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.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,579.25 | 3,705.39 | 3,880.75 | 4,041.75 | 4,120.50 | 4,152.25 | 4,203.50 |
| Change (%) | -11.44% | -8.32% | -3.98% | - | +1.95% | +2.73% | +4.00% |
| Change | -462.50 | -336.36 | -161.00 | - | +78.75 | +110.50 | +161.75 |
| Level | Major | Intermediate | Intermediate | - | Minor | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 3,923.50 | 3,987.25 | 4,023.00 | 4,086.75 | 4,122.50 | 4,186.25 | 4,222.00 |
| Camarilla | 4,031.39 | 4,040.51 | 4,049.63 | 4,058.75 | 4,067.87 | 4,076.99 | 4,086.11 |
| Woodie | 3,909.50 | 3,980.25 | 4,009.00 | 4,079.75 | 4,108.50 | 4,179.25 | 4,208.00 |
| Fibonacci | 3,987.25 | 4,025.26 | 4,048.74 | 4,086.75 | 4,124.76 | 4,148.24 | 4,186.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,041.33 | 4,080.92 | 4,153.08 | 4,192.67 | 4,264.83 | 4,304.42 | 4,376.58 |
| Camarilla | 4,194.52 | 4,204.76 | 4,215.01 | 4,225.25 | 4,235.49 | 4,245.74 | 4,255.98 |
| Woodie | 4,057.63 | 4,089.06 | 4,169.38 | 4,200.81 | 4,281.13 | 4,312.56 | 4,392.88 |
| Fibonacci | 4,080.92 | 4,123.61 | 4,149.98 | 4,192.67 | 4,235.36 | 4,261.73 | 4,304.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,855.83 | 3,934.17 | 4,054.33 | 4,132.67 | 4,252.83 | 4,331.17 | 4,451.33 |
| Camarilla | 4,119.91 | 4,138.11 | 4,156.30 | 4,174.50 | 4,192.70 | 4,210.89 | 4,229.09 |
| Woodie | 3,876.75 | 3,944.63 | 4,075.25 | 4,143.13 | 4,273.75 | 4,341.63 | 4,472.25 |
| Fibonacci | 3,934.17 | 4,009.99 | 4,056.84 | 4,132.67 | 4,208.49 | 4,255.34 | 4,331.17 |
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): | 29.61 | |
| MACD (12,26,9): | -7.2600 | |
| Directional Movement: | -26.47 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 4,056.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,065.85 | |
| Elder Ray (13): | -14.51 | |
| Super Trend (3,10): | 4,065.78 | |
| Zig ZAG (10): | 4,041.50 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 1.83 | |
| TEMA (21): | 4,049.47 | |
| Williams %R (14): | -96.90 | |
| Chande Momentum Oscillator (20): | -29.00 | |
| Repulse (5,40,3): | -0.3700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.92 |
| MA7: | 4,145.00 | |
| MA20: | 4,159.24 | |
| MA50: | 4,051.89 | |
| MA100: | 3,935.92 | |
| MAexp7: | 4,052.28 | |
| MAexp20: | 4,057.79 | |
| MAexp50: | 4,068.40 | |
| MAexp100: | 4,085.05 | |
| Price / MA7: | -2.49% | |
| Price / MA20: | -2.82% | |
| Price / MA50: | -0.25% | |
| Price / MA100: | +2.69% | |
| Price / MAexp7: | -0.26% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | -0.66% | |
| Price / MAexp100: | -1.06% |
Quotes :
-
10 min delayed data
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CME E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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