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 03/16/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 14,462.20 USD
My targets
13,267.00 USD (-3.99%)
12,411.50 USD (-10.18%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 14,462.20 USD remains possible. It is advisable to trade NASDAQ100 - MINI NASDAQ100 FULL0622 with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 14,462.20 USD. The next bearish objective for sellers is set at 13,267.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12,411.50 USD. In case of crossing, the next objective would be the support located at 10,829.00 USD. PS: if there is a bullish break in the resistance located at 14,462.20 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.7

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

Additional analysis

Quotes

NASDAQ100 - MINI NASDAQ100 FULL0622 rating 13,818.25 USD. The price has increased by +2.74% since the last closing and was traded between 13,417.25 USD and 13,866.50 USD over the period. The price is currently at +2.99% from its lowest and -0.35% from its highest.

13,417.25
13,866.50
13,818.25

The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of NASDAQ100 - MINI NASDAQ100 FULL0622 indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

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 10,829.00 12,411.50 13,267.00 13,818.25 14,462.20 15,120.30 15,701.20
Change (%) -21.63% -10.18% -3.99% - +4.66% +9.42% +13.63%
Change -2,989.25 -1,406.75 -551.25 - +643.95 +1,302.05 +1,882.95
Level Minor Minor Major - Major Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,555.1712,748.8313,099.1713,292.8313,643.1713,836.8314,187.17
Camarilla13,299.9013,349.7713,399.6313,449.5013,499.3713,549.2313,599.10
Woodie12,633.5012,788.0013,177.5013,332.0013,721.5013,876.0014,265.50
Fibonacci12,748.8312,956.6413,085.0313,292.8313,500.6413,629.0313,836.83


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12,191.4312,647.0712,968.0313,423.6713,744.6314,200.2714,521.23
Camarilla13,075.4413,146.6213,217.8113,289.0013,360.1913,431.3813,502.57
Woodie12,124.1012,613.4012,900.7013,390.0013,677.3014,166.6014,453.90
Fibonacci12,647.0712,943.7313,127.0113,423.6713,720.3313,903.6114,200.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10,699.5011,862.4012,933.7014,096.6015,167.9016,330.8017,402.10
Camarilla13,390.6013,595.4013,800.2014,005.0014,209.8014,414.6014,619.41
Woodie10,653.7011,839.5012,887.9014,073.7015,122.1016,307.9017,356.30
Fibonacci11,862.4012,715.8613,243.1414,096.6014,950.0615,477.3416,330.80

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): 48.13
MACD (12,26,9): -299.2600
Directional Movement: -11.11
AROON (14): -57.15
DEMA (21): 13,385.51
Parabolic SAR (0,02-0,02-0,2): 14,014.44
Elder Ray (13): -4.95
Super Trend (3,10): 14,716.11
Zig ZAG (10): 13,816.75
VORTEX (21): 0.9200
Stochastique (14,3,5): 32.25
TEMA (21): 13,376.55
Williams %R (14): -40.47
Chande Momentum Oscillator (20): -419.25
Repulse (5,40,3): 3.4300
ROCnROLL: -1
TRIX (15,9): -0.3100
Courbe Coppock: 7.02
MA7: 13,455.26
MA20: 13,762.55
MA50: 14,444.06
MA100: 15,302.33
MAexp7: 13,540.87
MAexp20: 13,795.86
MAexp50: 14,364.00
MAexp100: 14,780.09
Price / MA7: +2.70%
Price / MA20: +0.40%
Price / MA50: -4.33%
Price / MA100: -9.70%
Price / MAexp7: +2.05%
Price / MAexp20: +0.16%
Price / MAexp50: -3.80%
Price / MAexp100: -6.51%

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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