S&P500 - MINI S&P500 FULL0624 - 15 min. - Technical analysis published on 01/30/2023 (GMT)
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- Timeframe : 15 min.
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 4,057.92 USD
My targets
4,083.58 USD (+0.17%)
4,109.92 USD (+0.82%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on S&P500 - MINI S&P500 FULL0323. This is a positive signal for buyers. As long as the price remains above 4,057.92 USD, a purchase could be considered. The first bullish objective is located at 4,083.58 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4,109.92 USD as an objective. Crossing it would then enable buyers to target 4,135.58 USD. In the event of a return below 4,057.92 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.1
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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 4,076.50 USD. The price is lower by -0.19% 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 +0.90% for the low point and -0.23% for the high point.4,040.00
4,086.00
4,076.50
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
A technical analysis in 15 min. of this S&P500 - MINI S&P500 FULL0323 chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back over 50
Type : Bullish
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.
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 | 3,963.82 | 3,996.00 | 4,057.17 | 4,076.50 | 4,113.75 | 4,228.00 | 4,356.50 |
| Change (%) | -2.76% | -1.97% | -0.47% | - | +0.91% | +3.72% | +6.87% |
| Change | -112.68 | -80.50 | -19.33 | - | +37.25 | +151.50 | +280.00 |
| 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 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): | 72.17 | |
| MACD (12,26,9): | 0.7200 | |
| Directional Movement: | 16.09 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 4,053.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,047.58 | |
| Elder Ray (13): | 10.78 | |
| Super Trend (3,10): | 4,047.72 | |
| Zig ZAG (10): | 4,069.00 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 93.53 | |
| TEMA (21): | 4,063.09 | |
| Williams %R (14): | -3.73 | |
| Chande Momentum Oscillator (20): | 27.25 | |
| Repulse (5,40,3): | 0.4400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.72 |
| MA7: | 4,046.36 | |
| MA20: | 3,976.57 | |
| MA50: | 3,973.68 | |
| MA100: | 3,905.12 | |
| MAexp7: | 4,062.63 | |
| MAexp20: | 4,054.57 | |
| MAexp50: | 4,058.90 | |
| MAexp100: | 4,063.14 | |
| Price / MA7: | +0.74% | |
| Price / MA20: | +2.51% | |
| Price / MA50: | +2.59% | |
| Price / MA100: | +4.39% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | +0.54% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | +0.33% |
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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