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 06/08/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 4,282.75 USD
My targets
4,296.25 USD (+0.17%)
4,318.25 USD (+0.69%)
My analysis
S&P500 - MINI S&P500 FULL0623 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4,282.75 USD. The next resistance located at 4,296.25 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4,318.25 USD. After this resistance, buyers could then target 4,331.75 USD.

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
7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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

Additional analysis

Quotes

S&P500 - MINI S&P500 FULL0623 rating 4,288.75 USD. The price registered an increase of +0.34% on the session and was between 4,262.75 USD and 4,290.00 USD. This implies that the price is at +0.61% from its lowest and at -0.03% from its highest.

4,262.75
4,290.00
4,288.75

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

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 FULL0623 chart shows a bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4,243.08 4,268.65 4,285.25 4,288.75 4,305.25 4,393.00 4,863.75
Change (%) -1.06% -0.47% -0.08% - +0.38% +2.43% +13.41%
Change -45.67 -20.10 -3.50 - +16.50 +104.25 +575.00
Level Intermediate Intermediate Minor - Major Intermediate 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
Standard4,225.254,247.254,260.754,282.754,296.254,318.254,331.75
Camarilla4,264.494,267.744,271.004,274.254,277.504,280.764,284.01
Woodie4,221.004,245.134,256.504,280.634,292.004,316.134,327.50
Fibonacci4,247.254,260.814,269.194,282.754,296.314,304.694,318.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4,085.004,129.504,208.754,253.254,332.504,377.004,456.25
Camarilla4,253.974,265.314,276.664,288.004,299.344,310.694,322.03
Woodie4,102.384,138.194,226.134,261.944,349.884,385.694,473.63
Fibonacci4,129.504,176.774,205.984,253.254,300.524,329.734,377.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,931.423,996.834,112.424,177.834,293.424,358.834,474.42
Camarilla4,178.234,194.824,211.414,228.004,244.594,261.184,277.78
Woodie3,956.504,009.384,137.504,190.384,318.504,371.384,499.50
Fibonacci3,996.834,065.984,108.694,177.834,246.984,289.694,358.83

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): 71.52
MACD (12,26,9): 3.1200
Directional Movement: 14.52
AROON (14): 35.72
DEMA (21): 4,281.41
Parabolic SAR (0,02-0,02-0,2): 4,269.93
Elder Ray (13): 6.25
Super Trend (3,10): 4,270.75
Zig ZAG (10): 4,288.00
VORTEX (21): 1.0800
Stochastique (14,3,5): 94.04
TEMA (21): 4,283.52
Williams %R (14): -5.21
Chande Momentum Oscillator (20): 14.75
Repulse (5,40,3): 0.1200
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.38
MA7: 4,262.93
MA20: 4,207.01
MA50: 4,168.68
MA100: 4,115.23
MAexp7: 4,284.32
MAexp20: 4,277.92
MAexp50: 4,275.43
MAexp100: 4,276.32
Price / MA7: +0.61%
Price / MA20: +1.94%
Price / MA50: +2.88%
Price / MA100: +4.22%
Price / MAexp7: +0.10%
Price / MAexp20: +0.25%
Price / MAexp50: +0.31%
Price / MAexp100: +0.29%

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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