S&P500 - MINI S&P500 FULL0624 - 1H - Technical analysis published on 01/30/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 4,057.17 USD
My targets
4,113.75 USD (+1.11%)
4,228.00 USD (+3.92%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on S&P500 - MINI S&P500 FULL0323 as long as the price remains well above 4,057.17 USD. The buyers' bullish objective is set at 4,113.75 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4,228.00 USD. If there is any crossing, the next objective would be the resistance located at 4,356.50 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 overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.2
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This analysis was given by palaki06. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
S&P500 - MINI S&P500 FULL0323 rating 4,068.50 USD. The price is lower by -0.39% 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 +0.71% for the low point and -0.43% for the high point.4,040.00
4,086.00
4,068.50
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this S&P500 - MINI S&P500 FULL0323 chart shows a strongly bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 9 are bullish, 5 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,963.82 | 3,996.00 | 4,057.17 | 4,068.50 | 4,113.75 | 4,228.00 | 4,356.50 |
| Change (%) | -2.57% | -1.78% | -0.28% | - | +1.11% | +3.92% | +7.08% |
| Change | -104.68 | -72.50 | -11.33 | - | +45.25 | +159.50 | +288.00 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.91 | |
| MACD (12,26,9): | -4.0600 | |
| Directional Movement: | -3.36 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 4,058.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,040.00 | |
| Elder Ray (13): | -1.45 | |
| Super Trend (3,10): | 4,074.87 | |
| Zig ZAG (10): | 4,060.25 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 34.16 | |
| TEMA (21): | 4,050.13 | |
| Williams %R (14): | -48.41 | |
| Chande Momentum Oscillator (20): | -14.25 | |
| Repulse (5,40,3): | 0.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.40 |
| MA7: | 4,044.07 | |
| MA20: | 3,976.29 | |
| MA50: | 3,973.59 | |
| MA100: | 3,905.07 | |
| MAexp7: | 4,055.07 | |
| MAexp20: | 4,062.44 | |
| MAexp50: | 4,059.41 | |
| MAexp100: | 4,045.42 | |
| Price / MA7: | +0.60% | |
| Price / MA20: | +2.32% | |
| Price / MA50: | +2.39% | |
| Price / MA100: | +4.19% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +0.57% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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