S&P500 - MINI S&P500 FULL0624 - 15 min. - Technical analysis published on 09/26/2022 (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:
Bullish
Underlying:
Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 3,651.75 USD
My targets
3,774.75 USD (+1.59%)
3,840.50 USD (+3.36%)
My analysis
The basic trend is currently slightly bullish on S&P500 - MINI S&P500 FULL1222 and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 3,651.75 USD, purchases could be favourable. The first bullish objective would be the resistance located at 3,774.75 USD. Then the price could move towards 3,840.50 USD. Then 3,897.75 USD by extension. A return under the support to 3,651.75 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
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
0
10
4.8
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This analysis was given by rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
S&P500 - MINI S&P500 FULL1222 rating 3,715.50 USD. The price has increased by +0.18% since the last closing and was traded between 3,671.50 USD and 3,718.25 USD over the period. The price is currently at +1.20% from its lowest and -0.07% from its highest.3,671.50
3,718.25
3,715.50
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this S&P500 - MINI S&P500 FULL1222 chart shows a slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
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 | 2,868.12 | 3,322.00 | 3,688.00 | 3,715.50 | 3,764.58 | 3,845.25 | 3,919.58 |
| Change (%) | -22.81% | -10.59% | -0.74% | - | +1.32% | +3.49% | +5.49% |
| Change | -847.38 | -393.50 | -27.50 | - | +49.08 | +129.75 | +204.08 |
| Level | Major | Intermediate | Major | - | Minor | Minor | 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 | 3,528.75 | 3,594.50 | 3,651.75 | 3,717.50 | 3,774.75 | 3,840.50 | 3,897.75 |
| Camarilla | 3,675.18 | 3,686.45 | 3,697.73 | 3,709.00 | 3,720.28 | 3,731.55 | 3,742.83 |
| Woodie | 3,524.50 | 3,592.38 | 3,647.50 | 3,715.38 | 3,770.50 | 3,838.38 | 3,893.50 |
| Fibonacci | 3,594.50 | 3,641.49 | 3,670.51 | 3,717.50 | 3,764.49 | 3,793.51 | 3,840.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,324.75 | 3,492.50 | 3,600.75 | 3,768.50 | 3,876.75 | 4,044.50 | 4,152.75 |
| Camarilla | 3,633.10 | 3,658.40 | 3,683.70 | 3,709.00 | 3,734.30 | 3,759.60 | 3,784.90 |
| Woodie | 3,295.00 | 3,477.63 | 3,571.00 | 3,753.63 | 3,847.00 | 4,029.63 | 4,123.00 |
| Fibonacci | 3,492.50 | 3,597.93 | 3,663.07 | 3,768.50 | 3,873.93 | 3,939.07 | 4,044.50 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,398.42 | 3,659.33 | 3,822.42 | 4,083.33 | 4,246.42 | 4,507.33 | 4,670.42 |
| Camarilla | 3,868.90 | 3,907.77 | 3,946.63 | 3,985.50 | 4,024.37 | 4,063.23 | 4,102.10 |
| Woodie | 3,349.50 | 3,634.88 | 3,773.50 | 4,058.88 | 4,197.50 | 4,482.88 | 4,621.50 |
| Fibonacci | 3,659.33 | 3,821.30 | 3,921.37 | 4,083.33 | 4,245.30 | 4,345.37 | 4,507.33 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.89 | |
| MACD (12,26,9): | 1.6600 | |
| Directional Movement: | 7.98 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 3,690.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,672.73 | |
| Elder Ray (13): | 8.73 | |
| Super Trend (3,10): | 3,707.09 | |
| Zig ZAG (10): | 3,699.25 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 87.07 | |
| TEMA (21): | 3,692.35 | |
| Williams %R (14): | -27.42 | |
| Chande Momentum Oscillator (20): | 7.25 | |
| Repulse (5,40,3): | 0.0800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.16 |
| MA7: | 3,810.96 | |
| MA20: | 3,926.34 | |
| MA50: | 4,055.32 | |
| MA100: | 3,994.71 | |
| MAexp7: | 3,692.61 | |
| MAexp20: | 3,690.18 | |
| MAexp50: | 3,691.46 | |
| MAexp100: | 3,701.82 | |
| Price / MA7: | -2.50% | |
| Price / MA20: | -5.37% | |
| Price / MA50: | -8.38% | |
| Price / MA100: | -6.99% | |
| Price / MAexp7: | +0.62% | |
| Price / MAexp20: | +0.69% | |
| Price / MAexp50: | +0.65% | |
| Price / MAexp100: | +0.37% |
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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