MINI S&P500 FULL0624 (NO GLOBEX) - 15 min. - Technical analysis published on 10/28/2022 (GMT)
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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
11%
67%
22%
My opinion
Bearish under 3,904.75 USD
My targets
3,810.00 USD (-0.79%)
3,749.25 USD (-2.38%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MINI S&P500 FULL1222 (NO GLOBEX). As long as you are under the resistance located at 3,904.75 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 3,810.00 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 3,749.25 USD as an objective. Crossing it would then enable sellers to target 3,715.25 USD. If the resistance 3,904.75 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
3.6
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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 FULL1222 (NO GLOBEX) rating 3,840.50 USD. The price registered an increase of +1.51% on the session and was between 3,816.50 USD and 3,842.25 USD. This implies that the price is at +0.63% from its lowest and at -0.05% from its highest.3,816.50
3,842.25
3,840.50
Here is a more detailed summary of the historical variations registered by MINI S&P500 FULL1222 (NO GLOBEX):
Technical
Technical analysis of this 15 min. chart of MINI S&P500 FULL1222 (NO GLOBEX) indicates that the overall trend is bearish. The signals given by moving averages are 64.29% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 3,695.50 | 3,750.06 | 3,820.00 | 3,840.50 | 3,919.58 | 4,167.35 | 4,313.44 |
| Change (%) | -3.78% | -2.35% | -0.53% | - | +2.06% | +8.51% | +12.31% |
| Change | -145.00 | -90.44 | -20.50 | - | +79.08 | +326.85 | +472.94 |
| Level | Major | Intermediate | Minor | - | Major | 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 | 3,654.50 | 3,715.25 | 3,749.25 | 3,810.00 | 3,844.00 | 3,904.75 | 3,938.75 |
| Camarilla | 3,757.19 | 3,765.88 | 3,774.57 | 3,783.25 | 3,791.94 | 3,800.62 | 3,809.31 |
| Woodie | 3,641.13 | 3,708.56 | 3,735.88 | 3,803.31 | 3,830.63 | 3,898.06 | 3,925.38 |
| Fibonacci | 3,715.25 | 3,751.45 | 3,773.81 | 3,810.00 | 3,846.20 | 3,868.56 | 3,904.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,566.33 | 3,610.92 | 3,688.08 | 3,732.67 | 3,809.83 | 3,854.42 | 3,931.58 |
| Camarilla | 3,731.77 | 3,742.93 | 3,754.09 | 3,765.25 | 3,776.41 | 3,787.57 | 3,798.73 |
| Woodie | 3,582.63 | 3,619.06 | 3,704.38 | 3,740.81 | 3,826.13 | 3,862.56 | 3,947.88 |
| Fibonacci | 3,610.92 | 3,657.43 | 3,686.16 | 3,732.67 | 3,779.18 | 3,807.91 | 3,854.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,883.42 | 3,239.33 | 3,425.92 | 3,781.83 | 3,968.42 | 4,324.33 | 4,510.92 |
| Camarilla | 3,463.31 | 3,513.04 | 3,562.77 | 3,612.50 | 3,662.23 | 3,711.96 | 3,761.69 |
| Woodie | 2,798.75 | 3,197.00 | 3,341.25 | 3,739.50 | 3,883.75 | 4,282.00 | 4,426.25 |
| Fibonacci | 3,239.33 | 3,446.57 | 3,574.60 | 3,781.83 | 3,989.07 | 4,117.10 | 4,324.33 |
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): | 26.50 | |
| MACD (12,26,9): | -11.9700 | |
| Directional Movement: | -29.38 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 3,808.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,831.20 | |
| Elder Ray (13): | -32.68 | |
| Super Trend (3,10): | 3,822.65 | |
| Zig ZAG (10): | 3,783.25 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 12.92 | |
| TEMA (21): | 3,801.59 | |
| Williams %R (14): | -89.97 | |
| Chande Momentum Oscillator (20): | -53.50 | |
| Repulse (5,40,3): | -0.8900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.30 |
| MA7: | 3,794.32 | |
| MA20: | 3,715.07 | |
| MA50: | 3,858.30 | |
| MA100: | 3,914.80 | |
| MAexp7: | 3,811.45 | |
| MAexp20: | 3,822.55 | |
| MAexp50: | 3,834.39 | |
| MAexp100: | 3,825.95 | |
| Price / MA7: | +1.22% | |
| Price / MA20: | +3.38% | |
| Price / MA50: | -0.46% | |
| Price / MA100: | -1.90% | |
| Price / MAexp7: | +0.76% | |
| Price / MAexp20: | +0.47% | |
| Price / MAexp50: | +0.16% | |
| Price / MAexp100: | +0.38% |
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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