S&P500 - MINI S&P500 FULL0624
S&P500 - MINI S&P500 FULL0624
- 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 FULL0624 - 15 min. - Technical analysis published on 01/30/2023 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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: Neutral
Underlying: Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 4,083.58 USD
My targets
4,031.58 USD (-0.59%)
4,005.92 USD (-1.22%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 4,083.58 USD remains possible. It is advisable to trade S&P500 - MINI S&P500 FULL0323 with the greatest caution, while favouring short positions (for sale) 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. In case of crossing, the next objective would be the support located at 3,996.00 USD. PS: if there is a bullish break in the resistance located at 4,083.58 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.4

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This analysis was given by palaki06. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The S&P500 - MINI S&P500 FULL0323 price is 4,055.50 USD. On the day, this instrument lost -0.70% and was traded between 4,040.00 USD and 4,086.00 USD over the period. The price is currently at +0.38% from its lowest and -0.75% from its highest.

4,040.00
4,086.00
4,055.50

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes



An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes


RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes



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
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3,901.75 3,963.82 3,996.00 4,055.50 4,057.17 4,113.75 4,228.00
Change (%) -3.79% -2.26% -1.47% - +0.04% +1.44% +4.25%
Change -153.75 -91.68 -59.50 - +1.67 +58.25 +172.50
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
Standard4,005.924,031.584,057.924,083.584,109.924,135.584,161.92
Camarilla4,069.954,074.724,079.484,084.254,089.024,093.784,098.55
Woodie4,006.254,031.754,058.254,083.754,110.254,135.754,162.25
Fibonacci4,031.584,051.454,063.724,083.584,103.454,115.724,135.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,849.253,906.253,995.254,052.254,141.254,198.254,287.25
Camarilla4,044.104,057.484,070.874,084.254,097.634,111.024,124.40
Woodie3,865.253,914.254,011.254,060.254,157.254,206.254,303.25
Fibonacci3,906.253,962.023,996.484,052.254,108.024,142.484,198.25


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,314.833,551.673,706.333,943.174,097.834,334.674,489.33
Camarilla3,753.343,789.233,825.113,861.003,896.893,932.783,968.66
Woodie3,273.753,531.133,665.253,922.634,056.754,314.134,448.25
Fibonacci3,551.673,701.223,793.613,943.174,092.724,185.114,334.67

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): 47.74
MACD (12,26,9): -2.5900
Directional Movement: -10.82
AROON (14): 50.00
DEMA (21): 4,047.14
Parabolic SAR (0,02-0,02-0,2): 4,042.24
Elder Ray (13): 1.47
Super Trend (3,10): 4,056.60
Zig ZAG (10): 4,053.00
VORTEX (21): 1.0100
Stochastique (14,3,5): 85.71
TEMA (21): 4,049.80
Williams %R (14): -8.93
Chande Momentum Oscillator (20): 7.00
Repulse (5,40,3): 0.1300
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.09
MA7: 4,043.32
MA20: 3,975.78
MA50: 3,973.38
MA100: 3,904.97
MAexp7: 4,050.86
MAexp20: 4,051.39
MAexp50: 4,058.63
MAexp100: 4,063.33
Price / MA7: +0.30%
Price / MA20: +2.01%
Price / MA50: +2.07%
Price / MA100: +3.85%
Price / MAexp7: +0.11%
Price / MAexp20: +0.10%
Price / MAexp50: -0.08%
Price / MAexp100: -0.19%

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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