S&P500 - MINI S&P500 FULL0322
S&P500 - MINI S&P500 FULL0322
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: ESXXXX
ISIN: ESXXXX

S&P500 - MINI S&P500 FULL0322 - 1H - Technical analysis published on 12/03/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 4,577.25 USD
My targets
4,524.50 USD (-0.52%)
4,497.75 USD (-1.11%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on S&P500 - MINI S&P500 FULL1221 as long as the price remains well below 4,577.25 USD. The next bearish objective for sellers is set at 4,524.50 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4,497.75 USD. If there is any crossing, the next objective would be the support located at 4,291.25 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.6

This analysis was given by didi059. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
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.

Additional analysis

Quotes

The S&P500 - MINI S&P500 FULL1221 rating is 4,548.25 USD. On the day, this instrument lost -0.60% and was traded between 4,538.75 USD and 4,606.50 USD over the period. The price is currently at +0.21% from its lowest and -1.26% from its highest.

4,538.75
4,606.50
4,548.25

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this S&P500 - MINI S&P500 FULL1221 chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

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, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4,497.75 4,524.50 4,544.50 4,548.25 4,577.25 4,620.25 4,649.88
Change (%) -1.11% -0.52% -0.08% - +0.64% +1.58% +2.23%
Change -50.50 -23.75 -3.75 - +29.00 +72.00 +101.63
Level Major Minor Major - Minor Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4,434.674,470.084,522.924,558.334,611.174,646.584,699.42
Camarilla4,551.484,559.574,567.664,575.754,583.844,591.934,600.02
Woodie4,443.384,474.444,531.634,562.694,619.884,650.944,708.13
Fibonacci4,470.084,503.804,524.624,558.334,592.054,612.874,646.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4,371.924,474.584,535.174,637.834,698.424,801.084,861.67
Camarilla4,550.864,565.824,580.794,595.754,610.724,625.684,640.64
Woodie4,350.884,464.064,514.134,627.314,677.384,790.564,840.63
Fibonacci4,474.584,536.954,575.474,637.834,700.204,738.724,801.08


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4,181.254,339.504,424.004,582.254,666.754,825.004,909.50
Camarilla4,441.744,464.004,486.254,508.504,530.754,553.004,575.26
Woodie4,144.384,321.064,387.134,563.814,629.884,806.564,872.63
Fibonacci4,339.504,432.234,489.524,582.254,674.984,732.274,825.00

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): 49.49
MACD (12,26,9): 3.6900
Directional Movement: 1.02
AROON (14): 92.86
DEMA (21): 4,575.10
Parabolic SAR (0,02-0,02-0,2): 4,544.92
Elder Ray (13): 10.82
Super Trend (3,10): 4,541.16
Zig ZAG (10): 4,562.00
VORTEX (21): 1.0400
Stochastique (14,3,5): 61.25
TEMA (21): 4,579.25
Williams %R (14): -72.11
Chande Momentum Oscillator (20): 5.50
Repulse (5,40,3): -0.7100
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 0.23
MA7: 4,594.86
MA20: 4,651.86
MA50: 4,543.84
MA100: 4,490.83
MAexp7: 4,574.17
MAexp20: 4,571.98
MAexp50: 4,573.62
MAexp100: 4,591.06
Price / MA7: -1.01%
Price / MA20: -2.23%
Price / MA50: +0.10%
Price / MA100: +1.28%
Price / MAexp7: -0.58%
Price / MAexp20: -0.54%
Price / MAexp50: -0.57%
Price / MAexp100: -0.95%

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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