NASDAQ100 - MINI NASDAQ100 FULL0624
NASDAQ100 - MINI NASDAQ100 FULL0624
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: NQXXXX
ISIN: NQXXXX

NASDAQ100 - MINI NASDAQ100 FULL0624 - Daily - Technical analysis published on 05/12/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 13,189.00 USD
My targets
12,777.20 USD (-1.59%)
12,411.50 USD (-4.41%)
My analysis
The strong short-term decline of NASDAQ100 - MINI NASDAQ100 FULL0621 reinforces the current slightly bearish trend. As long as the price remains below 13,189.00 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 12,777.20 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 12,411.50 USD as an objective. Crossing it would then enable sellers to target 12,091.00 USD. A return to above 13,189.00 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
4.3

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The NASDAQ100 - MINI NASDAQ100 FULL0621 rating is 12,984.25 USD. On the day, this instrument lost -2.71% and was between 12,980.00 USD and 13,351.75 USD. This implies that the price is at +0.03% from its lowest and at -2.75% from its highest.

12,980.00
13,351.75
12,984.25

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of NASDAQ100 - MINI NASDAQ100 FULL0621 indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



In fact, 14 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12,091.00 12,411.50 12,777.20 12,984.25 13,189.00 13,485.50 13,872.00
Change (%) -6.88% -4.41% -1.59% - +1.58% +3.86% +6.84%
Change -893.25 -572.75 -207.05 - +204.75 +501.25 +887.75
Level Intermediate Minor Intermediate - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,838.2712,951.7313,148.8713,262.3313,459.4713,572.9313,770.07
Camarilla13,260.5913,289.0613,317.5313,346.0013,374.4713,402.9413,431.42
Woodie12,880.1012,972.6513,190.7013,283.2513,501.3013,593.8513,811.90
Fibonacci12,951.7313,070.3813,143.6813,262.3313,380.9813,454.2813,572.93


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,844.5313,112.6713,411.2313,679.3713,977.9314,246.0714,544.63
Camarilla13,553.9613,605.9113,657.8513,709.8013,761.7513,813.7013,865.64
Woodie12,859.7513,120.2813,426.4513,686.9813,993.1514,253.6814,559.85
Fibonacci13,112.6713,329.1513,462.8913,679.3713,895.8514,029.5914,246.07


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,655.0012,979.6013,414.8013,739.4014,174.6014,499.2014,934.40
Camarilla13,641.0613,710.7013,780.3513,850.0013,919.6513,989.3014,058.95
Woodie12,710.3013,007.2513,470.1013,767.0514,229.9014,526.8514,989.70
Fibonacci12,979.6013,269.8413,449.1613,739.4014,029.6414,208.9614,499.20

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): 34.55
MACD (12,26,9): -52.6500
Directional Movement: -16.16
AROON (14): -64.29
DEMA (21): 13,575.52
Parabolic SAR (0,02-0,02-0,2): 13,848.93
Elder Ray (13): -364.44
Super Trend (3,10): 13,952.44
Zig ZAG (10): 13,018.25
VORTEX (21): 0.8400
Stochastique (14,3,5): 12.19
TEMA (21): 13,414.13
Williams %R (14): -98.16
Chande Momentum Oscillator (20): -993.25
Repulse (5,40,3): -3.7600
ROCnROLL: 2
TRIX (15,9): 0.0700
Courbe Coppock: 6.56
MA7: 13,434.02
MA20: 13,741.57
MA50: 13,377.81
MA100: 13,277.42
MAexp7: 13,405.17
MAexp20: 13,585.95
MAexp50: 13,477.21
MAexp100: 13,169.26
Price / MA7: -3.35%
Price / MA20: -5.51%
Price / MA50: -2.94%
Price / MA100: -2.21%
Price / MAexp7: -3.14%
Price / MAexp20: -4.43%
Price / MAexp50: -3.66%
Price / MAexp100: -1.40%

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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