MINI S&P500 FULL0624 (NO GLOBEX) - 15 min. - Technical analysis published on 05/14/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 4,156.83 USD
My targets
4,078.83 USD (-0.62%)
4,028.67 USD (-1.84%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MINI S&P500 FULL0621 (NO GLOBEX) as long as the price remains well below 4,156.83 USD. The next bearish objective for sellers is set at 4,078.83 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4,028.67 USD. If there is any crossing, the next objective would be the support located at 4,000.83 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
3.9
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This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MINI S&P500 FULL0621 (NO GLOBEX) rating 4,104.25 USD. The price has increased by +1.18% since the last closing with the lowest point at 4,073.25 USD and the highest point at 4,126.75 USD. The deviation from the price is +0.76% for the low point and -0.55% for the high point.4,073.25
4,126.75
4,104.25
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
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
Technical
Technical analysis of this 15 min. chart of MINI S&P500 FULL0621 (NO GLOBEX) indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,964.92 | 4,051.00 | 4,103.75 | 4,104.25 | 4,121.09 | 4,167.15 | 4,210.78 |
| Change (%) | -3.39% | -1.30% | -0.01% | - | +0.41% | +1.53% | +2.60% |
| Change | -139.33 | -53.25 | -0.50 | - | +16.84 | +62.90 | +106.53 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,950.67 | 4,000.83 | 4,028.67 | 4,078.83 | 4,106.67 | 4,156.83 | 4,184.67 |
| Camarilla | 4,035.05 | 4,042.20 | 4,049.35 | 4,056.50 | 4,063.65 | 4,070.80 | 4,077.95 |
| Woodie | 3,939.50 | 3,995.25 | 4,017.50 | 4,073.25 | 4,095.50 | 4,151.25 | 4,173.50 |
| Fibonacci | 4,000.83 | 4,030.63 | 4,049.04 | 4,078.83 | 4,108.63 | 4,127.04 | 4,156.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,042.67 | 4,081.58 | 4,154.42 | 4,193.33 | 4,266.17 | 4,305.08 | 4,377.92 |
| Camarilla | 4,196.52 | 4,206.76 | 4,217.01 | 4,227.25 | 4,237.49 | 4,247.74 | 4,257.98 |
| Woodie | 4,059.63 | 4,090.06 | 4,171.38 | 4,201.81 | 4,283.13 | 4,313.56 | 4,394.88 |
| Fibonacci | 4,081.58 | 4,124.27 | 4,150.65 | 4,193.33 | 4,236.02 | 4,262.40 | 4,305.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,901.83 | 3,969.67 | 4,075.33 | 4,143.17 | 4,248.83 | 4,316.67 | 4,422.33 |
| Camarilla | 4,133.29 | 4,149.19 | 4,165.10 | 4,181.00 | 4,196.90 | 4,212.81 | 4,228.71 |
| Woodie | 3,920.75 | 3,979.13 | 4,094.25 | 4,152.63 | 4,267.75 | 4,326.13 | 4,441.25 |
| Fibonacci | 3,969.67 | 4,035.94 | 4,076.89 | 4,143.17 | 4,209.44 | 4,250.39 | 4,316.67 |
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): | 49.33 | |
| MACD (12,26,9): | 4.3400 | |
| Directional Movement: | -0.80 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 4,112.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,095.20 | |
| Elder Ray (13): | -5.33 | |
| Super Trend (3,10): | 4,088.85 | |
| Zig ZAG (10): | 4,104.25 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 67.59 | |
| TEMA (21): | 4,116.99 | |
| Williams %R (14): | -49.72 | |
| Chande Momentum Oscillator (20): | -1.00 | |
| Repulse (5,40,3): | -0.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.42 |
| MA7: | 4,152.18 | |
| MA20: | 4,161.41 | |
| MA50: | 4,048.71 | |
| MA100: | 3,933.39 | |
| MAexp7: | 4,111.23 | |
| MAexp20: | 4,107.08 | |
| MAexp50: | 4,107.67 | |
| MAexp100: | 4,123.84 | |
| Price / MA7: | -1.15% | |
| Price / MA20: | -1.37% | |
| Price / MA50: | +1.37% | |
| Price / MA100: | +4.34% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.48% |
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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