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 - 15 min. - Technical analysis published on 04/19/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min.

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

67%

11%

My opinion

Bearish under 17,343.58 USD

My targets

16,641.94 USD (-3.10%)

15,839.80 USD (-7.77%)

My analysis

The bearish trend is currently very strong for NASDAQ100 - MINI NASDAQ100 FULL0624. As long as the price remains below the resistance at 17,343.58 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 16,641.94 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 15,839.80 USD as an objective. Crossing it would then enable sellers to target 14,651.25 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

Force

7.5

Comment on the analysis

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 J luis. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NASDAQ100 - MINI NASDAQ100 FULL0624 rating 17,174.75 USD. On the day, this instrument lost -2.12% and was between 17,122.25 USD and 17,553.25 USD. This implies that the price is at +0.31% from its lowest and at -2.16% from its highest.

17,122.25

17,553.25

17,174.75

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.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 15 min. of this NASDAQ100 - MINI NASDAQ100 FULL0624 chart shows a sharp bearish trend. 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 scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 15 minutes

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14,651.25	15,839.80	16,641.94	17,174.75	17,360.75	17,615.25	17,767.10
Change (%)	-14.69%	-7.77%	-3.10%	-	+1.08%	+2.56%	+3.45%
Change	-2,523.50	-1,334.95	-532.81	-	+186.00	+440.50	+592.35
Level	Major	Minor	Major	-	Minor	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
Standard	17,180.92	17,343.58	17,445.42	17,608.08	17,709.92	17,872.58	17,974.42
Camarilla	17,474.51	17,498.76	17,523.00	17,547.25	17,571.50	17,595.74	17,619.99
Woodie	17,150.50	17,328.38	17,415.00	17,592.88	17,679.50	17,857.38	17,944.00
Fibonacci	17,343.58	17,444.62	17,507.04	17,608.08	17,709.12	17,771.54	17,872.58

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,517.00	17,785.25	17,982.25	18,250.50	18,447.50	18,715.75	18,912.75
Camarilla	18,051.31	18,093.95	18,136.60	18,179.25	18,221.90	18,264.55	18,307.19
Woodie	17,481.38	17,767.44	17,946.63	18,232.69	18,411.88	18,697.94	18,877.13
Fibonacci	17,785.25	17,962.98	18,072.78	18,250.50	18,428.23	18,538.03	18,715.75

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,396.58	17,701.42	18,099.33	18,404.17	18,802.08	19,106.92	19,504.83
Camarilla	18,303.99	18,368.41	18,432.83	18,497.25	18,561.67	18,626.09	18,690.51
Woodie	17,443.13	17,724.69	18,145.88	18,427.44	18,848.63	19,130.19	19,551.38
Fibonacci	17,701.42	17,969.87	18,135.72	18,404.17	18,672.62	18,838.47	19,106.92

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):	27.80
MACD (12,26,9):	-61.3800
Directional Movement:	-20.36
AROON (14):	-100.00
DEMA (21):	17,209.17
Parabolic SAR (0,02-0,02-0,2):	17,330.43
Elder Ray (13):	-95.90
Super Trend (3,10):	17,315.84
Zig ZAG (10):	17,151.25
VORTEX (21):	0.7500
Stochastique (14,3,5):	4.50
TEMA (21):	17,172.14
Williams %R (14):	-90.40
Chande Momentum Oscillator (20):	-81.25
Repulse (5,40,3):	-0.4000
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	1.55

MA7:	17,831.29
MA20:	18,187.64
MA50:	18,219.32
MA100:	17,717.25
MAexp7:	17,194.22
MAexp20:	17,281.80
MAexp50:	17,355.50
MAexp100:	17,428.57
Price / MA7:	-3.68%
Price / MA20:	-5.57%
Price / MA50:	-5.73%
Price / MA100:	-3.06%
Price / MAexp7:	-0.11%
Price / MAexp20:	-0.62%
Price / MAexp50:	-1.04%
Price / MAexp100:	-1.46%

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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