Post an Analysis Request an analysis AI Londinia analysis
S&P400 - MINI S&P400 FULL0924
S&P400 - MINI S&P400 FULL0924
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: MCXXXX
ISIN: MCXXXX

S&P400 - MINI S&P400 FULL0924 - Daily - Technical analysis published on 10/01/2021 (GMT)

  • 138
  • 0
Londinia
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 2,678.94 USD
My targets
2,575.40 USD (-1.60%)
2,449.64 USD (-6.41%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on S&P400 - MINI S&P400 FULL1221 as long as the price remains well below 2,678.94 USD. The sellers' bearish objective is set at 2,575.40 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,449.64 USD. In case of crossing, the next objective would be the support located at 2,335.70 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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
6.4

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.

Vincent Launay
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 S&P400 - MINI S&P400 FULL1221 rating is 2,617.30 USD. The price is lower by -0.60% since the last closing and was traded between 2,603.60 USD and 2,639.70 USD over the period. The price is currently at +0.53% from its lowest and -0.85% from its highest.

2,603.60
2,639.70
2,617.30

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



Here is a more detailed summary of the historical variations registered by S&P400 - MINI S&P400 FULL1221:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of S&P400 - MINI S&P400 FULL1221 in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



Technical indicators are bearish. There is still some doubt about the decline in the price.
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 : Weekly


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,335.70 2,449.64 2,575.40 2,617.30 2,639.99 2,678.94 2,720.19
Change (%) -10.76% -6.41% -1.60% - +0.87% +2.36% +3.93%
Change -281.60 -167.66 -41.90 - +22.69 +61.64 +102.89
Level Minor Minor Major - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,534.872,582.532,607.872,655.532,680.872,728.532,753.87
Camarilla2,613.132,619.822,626.512,633.202,639.892,646.582,653.28
Woodie2,523.702,576.952,596.702,649.952,669.702,722.952,742.70
Fibonacci2,582.532,610.422,627.652,655.532,683.422,700.652,728.53


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,501.132,547.072,618.932,664.872,736.732,782.672,854.53
Camarilla2,658.412,669.202,680.002,690.802,701.602,712.402,723.20
Woodie2,514.102,553.552,631.902,671.352,749.702,789.152,867.50
Fibonacci2,547.072,592.072,619.872,664.872,709.872,737.672,782.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,499.402,557.602,657.002,715.202,814.602,872.802,972.20
Camarilla2,713.062,727.512,741.952,756.402,770.852,785.292,799.74
Woodie2,520.002,567.902,677.602,725.502,835.202,883.102,992.80
Fibonacci2,557.602,617.802,655.002,715.202,775.402,812.602,872.80

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): 38.39
MACD (12,26,9): -16.2700
Directional Movement: -14.50
AROON (14): 35.72
DEMA (21): 2,658.50
Parabolic SAR (0,02-0,02-0,2): 2,731.40
Elder Ray (13): -45.92
Super Trend (3,10): 2,747.94
Zig ZAG (10): 2,617.30
VORTEX (21): 0.8300
Stochastique (14,3,5): 35.12
TEMA (21): 2,644.81
Williams %R (14): -83.45
Chande Momentum Oscillator (20): -79.90
Repulse (5,40,3): -3.0600
ROCnROLL: 2
TRIX (15,9): -0.0600
Courbe Coppock: 3.53
MA7: 2,672.03
MA20: 2,681.14
MA50: 2,699.11
MA100: 2,694.40
MAexp7: 2,655.93
MAexp20: 2,677.01
MAexp50: 2,689.25
MAexp100: 2,673.11
Price / MA7: -2.05%
Price / MA20: -2.38%
Price / MA50: -3.03%
Price / MA100: -2.86%
Price / MAexp7: -1.45%
Price / MAexp20: -2.23%
Price / MAexp50: -2.68%
Price / MAexp100: -2.09%

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.

About author

Londinia
Londinia AI

Online

Overall rating :
15145
Number of analyses :
77594
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis S&P400 - MINI S&P400 FULL0924 - Daily

NEW !