NASDAQ100 - MINI NASDAQ100 FULL0624 - 1H - Technical analysis published on 05/10/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 12,291.43 USD
My targets
12,135.20 USD (-1.25%)
11,887.12 USD (-3.27%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ100 - MINI NASDAQ100 FULL0622 as long as the price remains well below 12,291.43 USD. The sellers' bearish objective is set at 12,135.20 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11,887.12 USD. In case of crossing, the next objective would be the support located at 10,808.50 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.7
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This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0622 rating is 12,289.25 USD. On the day, this instrument gained +0.78% with the lowest point at 12,102.25 USD and the highest point at 12,306.00 USD. The deviation from the price is +1.55% for the low point and -0.14% for the high point.12,102.25
12,306.00
12,289.25
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ100 - MINI NASDAQ100 FULL0622 indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10,808.50 | 12,135.20 | 12,275.70 | 12,289.25 | 12,708.30 | 13,044.00 | 13,177.70 |
| Change (%) | -12.05% | -1.25% | -0.11% | - | +3.41% | +6.14% | +7.23% |
| Change | -1,480.75 | -154.05 | -13.55 | - | +419.05 | +754.75 | +888.45 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 11,512.75 | 11,824.00 | 12,014.75 | 12,326.00 | 12,516.75 | 12,828.00 | 13,018.75 |
| Camarilla | 12,067.45 | 12,113.47 | 12,159.48 | 12,205.50 | 12,251.52 | 12,297.53 | 12,343.55 |
| Woodie | 11,452.50 | 11,793.88 | 11,954.50 | 12,295.88 | 12,456.50 | 12,797.88 | 12,958.50 |
| Fibonacci | 11,824.00 | 12,015.76 | 12,134.24 | 12,326.00 | 12,517.76 | 12,636.24 | 12,828.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,255.23 | 11,887.12 | 12,291.43 | 12,923.32 | 13,327.63 | 13,959.52 | 14,363.83 |
| Camarilla | 12,410.80 | 12,505.78 | 12,600.77 | 12,695.75 | 12,790.74 | 12,885.72 | 12,980.71 |
| Woodie | 11,141.45 | 11,830.23 | 12,177.65 | 12,866.43 | 13,213.85 | 13,902.63 | 14,250.05 |
| Fibonacci | 11,887.12 | 12,282.95 | 12,527.49 | 12,923.32 | 13,319.15 | 13,563.69 | 13,959.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,639.83 | 11,220.67 | 12,036.33 | 13,617.17 | 14,432.83 | 16,013.67 | 16,829.33 |
| Camarilla | 12,192.96 | 12,412.64 | 12,632.32 | 12,852.00 | 13,071.68 | 13,291.36 | 13,511.04 |
| Woodie | 9,257.25 | 11,029.38 | 11,653.75 | 13,425.88 | 14,050.25 | 15,822.38 | 16,446.75 |
| Fibonacci | 11,220.67 | 12,136.13 | 12,701.70 | 13,617.17 | 14,532.63 | 15,098.20 | 16,013.67 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.32 | |
| MACD (12,26,9): | -107.2200 | |
| Directional Movement: | -14.27 | |
| AROON (14): | -71.42 | |
| DEMA (21): | 12,189.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 12,307.21 | |
| Elder Ray (13): | -17.60 | |
| Super Trend (3,10): | 12,472.40 | |
| Zig ZAG (10): | 12,296.00 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 27.80 | |
| TEMA (21): | 12,186.56 | |
| Williams %R (14): | -58.05 | |
| Chande Momentum Oscillator (20): | -160.50 | |
| Repulse (5,40,3): | 0.8100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 3.55 |
| MA7: | 12,819.81 | |
| MA20: | 13,344.48 | |
| MA50: | 13,890.88 | |
| MA100: | 14,480.12 | |
| MAexp7: | 12,246.49 | |
| MAexp20: | 12,338.34 | |
| MAexp50: | 12,547.81 | |
| MAexp100: | 12,748.71 | |
| Price / MA7: | -4.14% | |
| Price / MA20: | -7.91% | |
| Price / MA50: | -11.53% | |
| Price / MA100: | -15.13% | |
| Price / MAexp7: | +0.35% | |
| Price / MAexp20: | -0.40% | |
| Price / MAexp50: | -2.06% | |
| Price / MAexp100: | -3.60% |
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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