S&P500 - MINI S&P500 FULL0624 - 15 min. - Technical analysis published on 01/30/2023 (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:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 4,083.58 USD
My targets
4,031.58 USD (-0.45%)
4,005.92 USD (-1.08%)
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 FULL0323 as long as the price remains well below 4,083.58 USD. The next bearish objective for sellers is set at 4,031.58 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4,005.92 USD. If there is any crossing, the next objective would be the support located at 3,996.00 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.3
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This analysis was given by palaki06. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The S&P500 - MINI S&P500 FULL0323 price is 4,049.75 USD. The price is lower by -0.85% since the last closing with the lowest point at 4,040.00 USD and the highest point at 4,086.00 USD. The deviation from the price is +0.24% for the low point and -0.89% for the high point.4,040.00
4,086.00
4,049.75
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 S&P500 - MINI S&P500 FULL0323 in 15 min. shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,901.75 | 3,963.82 | 3,996.00 | 4,049.75 | 4,057.17 | 4,113.75 | 4,228.00 |
| Change (%) | -3.65% | -2.12% | -1.33% | - | +0.18% | +1.58% | +4.40% |
| Change | -148.00 | -85.93 | -53.75 | - | +7.42 | +64.00 | +178.25 |
| Level | Minor | Intermediate | Minor | - | Major | Intermediate | Minor |
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 | 4,005.92 | 4,031.58 | 4,057.92 | 4,083.58 | 4,109.92 | 4,135.58 | 4,161.92 |
| Camarilla | 4,069.95 | 4,074.72 | 4,079.48 | 4,084.25 | 4,089.02 | 4,093.78 | 4,098.55 |
| Woodie | 4,006.25 | 4,031.75 | 4,058.25 | 4,083.75 | 4,110.25 | 4,135.75 | 4,162.25 |
| Fibonacci | 4,031.58 | 4,051.45 | 4,063.72 | 4,083.58 | 4,103.45 | 4,115.72 | 4,135.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,849.25 | 3,906.25 | 3,995.25 | 4,052.25 | 4,141.25 | 4,198.25 | 4,287.25 |
| Camarilla | 4,044.10 | 4,057.48 | 4,070.87 | 4,084.25 | 4,097.63 | 4,111.02 | 4,124.40 |
| Woodie | 3,865.25 | 3,914.25 | 4,011.25 | 4,060.25 | 4,157.25 | 4,206.25 | 4,303.25 |
| Fibonacci | 3,906.25 | 3,962.02 | 3,996.48 | 4,052.25 | 4,108.02 | 4,142.48 | 4,198.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,314.83 | 3,551.67 | 3,706.33 | 3,943.17 | 4,097.83 | 4,334.67 | 4,489.33 |
| Camarilla | 3,753.34 | 3,789.23 | 3,825.11 | 3,861.00 | 3,896.89 | 3,932.78 | 3,968.66 |
| Woodie | 3,273.75 | 3,531.13 | 3,665.25 | 3,922.63 | 4,056.75 | 4,314.13 | 4,448.25 |
| Fibonacci | 3,551.67 | 3,701.22 | 3,793.61 | 3,943.17 | 4,092.72 | 4,185.11 | 4,334.67 |
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): | 42.35 | |
| MACD (12,26,9): | -4.5500 | |
| Directional Movement: | -10.83 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 4,044.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,040.00 | |
| Elder Ray (13): | 0.47 | |
| Super Trend (3,10): | 4,056.60 | |
| Zig ZAG (10): | 4,050.00 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 61.22 | |
| TEMA (21): | 4,045.01 | |
| Williams %R (14): | -40.82 | |
| Chande Momentum Oscillator (20): | -1.75 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.22 |
| MA7: | 4,042.75 | |
| MA20: | 3,975.72 | |
| MA50: | 3,973.38 | |
| MA100: | 3,904.96 | |
| MAexp7: | 4,048.37 | |
| MAexp20: | 4,051.17 | |
| MAexp50: | 4,059.79 | |
| MAexp100: | 4,064.33 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | +1.86% | |
| Price / MA50: | +1.92% | |
| Price / MA100: | +3.71% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.25% | |
| Price / MAexp100: | -0.36% |
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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