S&P500 - MINI S&P500 FULL0624 - Daily - Technical analysis published on 01/13/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 4,558.50 USD
My targets
4,786.00 USD (+1.20%)
My analysis
The bullish trend is currently very strong on S&P500 - MINI S&P500 FULL0322. As long as the price remains above the support at 4,558.50 USD, you could try to benefit from the boom. The first bullish objective is located at 4,786.00 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by ezggsg. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The S&P500 - MINI S&P500 FULL0322 price is 4,729.25 USD. The price registered an increase of +0.28% on the session with the lowest point at 4,702.50 USD and the highest point at 4,731.00 USD. The deviation from the price is +0.57% for the low point and -0.04% for the high point.4,702.50
4,731.00
4,729.25
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by S&P500 - MINI S&P500 FULL0322:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of S&P500 - MINI S&P500 FULL0322 in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 9 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 4,287.89 | 4,558.50 | 4,705.50 | 4,729.25 | 4,786.00 |
| Change (%) | -9.33% | -3.61% | -0.50% | - | +1.20% |
| Change | -441.36 | -170.75 | -23.75 | - | +56.75 |
| Level | Major | Major | Major | - | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,649.83 | 4,672.42 | 4,694.33 | 4,716.92 | 4,738.83 | 4,761.42 | 4,783.33 |
| Camarilla | 4,704.01 | 4,708.09 | 4,712.17 | 4,716.25 | 4,720.33 | 4,724.41 | 4,728.49 |
| Woodie | 4,649.50 | 4,672.25 | 4,694.00 | 4,716.75 | 4,738.50 | 4,761.25 | 4,783.00 |
| Fibonacci | 4,672.42 | 4,689.42 | 4,699.92 | 4,716.92 | 4,733.92 | 4,744.42 | 4,761.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,457.08 | 4,555.42 | 4,611.58 | 4,709.92 | 4,766.08 | 4,864.42 | 4,920.58 |
| Camarilla | 4,625.26 | 4,639.43 | 4,653.59 | 4,667.75 | 4,681.91 | 4,696.08 | 4,710.24 |
| Woodie | 4,436.00 | 4,544.88 | 4,590.50 | 4,699.38 | 4,745.00 | 4,853.88 | 4,899.50 |
| Fibonacci | 4,555.42 | 4,614.44 | 4,650.90 | 4,709.92 | 4,768.94 | 4,805.40 | 4,864.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,246.83 | 4,365.67 | 4,562.08 | 4,680.92 | 4,877.33 | 4,996.17 | 5,192.58 |
| Camarilla | 4,671.81 | 4,700.70 | 4,729.60 | 4,758.50 | 4,787.40 | 4,816.30 | 4,845.19 |
| Woodie | 4,285.63 | 4,385.06 | 4,600.88 | 4,700.31 | 4,916.13 | 5,015.56 | 5,231.38 |
| Fibonacci | 4,365.67 | 4,486.09 | 4,560.49 | 4,680.92 | 4,801.34 | 4,875.74 | 4,996.17 |
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): | 54.34 | |
| MACD (12,26,9): | 15.4800 | |
| Directional Movement: | -4.76 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 4,728.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,778.37 | |
| Elder Ray (13): | 5.33 | |
| Super Trend (3,10): | 4,618.37 | |
| Zig ZAG (10): | 4,728.75 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 61.08 | |
| TEMA (21): | 4,720.06 | |
| Williams %R (14): | -33.76 | |
| Chande Momentum Oscillator (20): | -50.00 | |
| Repulse (5,40,3): | 1.1700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.91 |
| MA7: | 4,694.21 | |
| MA20: | 4,708.77 | |
| MA50: | 4,673.52 | |
| MA100: | 4,563.46 | |
| MAexp7: | 4,711.60 | |
| MAexp20: | 4,704.45 | |
| MAexp50: | 4,657.31 | |
| MAexp100: | 4,569.58 | |
| Price / MA7: | +0.75% | |
| Price / MA20: | +0.43% | |
| Price / MA50: | +1.19% | |
| Price / MA100: | +3.63% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | +1.54% | |
| Price / MAexp100: | +3.49% |
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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