Londinia Opportunities Analyses - 06/18/2021 (GMT) NIKKEI225 $ FULL0624 - 1H
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USD
(-)
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10 min delayed data - CME Globex Futures
| Type: | Futures |
| Ticker: | NKDXXXX |
| ISIN: | NKDXXXX |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
61%
33%
My opinion
Bearish under 29,070 USD
My targets
28,847 USD (-0.39%)
28,765 USD (-0.67%)
My analysis
The bearish trend is currently very strong for NIKKEI225 $ FULL0921. As long as the price remains below the resistance at 29,070 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 28,847 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 28,765 USD as an objective. Crossing it would then enable sellers to target 27,705 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 confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.9
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The NIKKEI225 $ FULL0921 rating is 28,960 USD. The price is lower by -0.65% since the last closing with the lowest point at 28,940 USD and the highest point at 29,245 USD. The deviation from the price is +0.07% for the low point and -0.97% for the high point.28,940
29,245
28,960
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NIKKEI225 $ FULL0921 chart shows a sharp bearish trend. 92.86% 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 does not detect any result on moving averages that would impact this trend.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 27,705 | 28,765 | 28,847 | 28,960 | 28,964 | 29,070 | 29,146 |
| Change (%) | -4.33% | -0.67% | -0.39% | - | +0.01% | +0.38% | +0.64% |
| Change | -1,255 | -195 | -113 | - | +4 | +110 | +186 |
| Level | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 28,470 | 28,660 | 28,905 | 29,095 | 29,340 | 29,530 | 29,775 |
| Camarilla | 29,030 | 29,070 | 29,110 | 29,150 | 29,190 | 29,230 | 29,270 |
| Woodie | 28,498 | 28,674 | 28,933 | 29,109 | 29,368 | 29,544 | 29,803 |
| Fibonacci | 28,660 | 28,826 | 28,929 | 29,095 | 29,261 | 29,364 | 29,530 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28,255 | 28,510 | 28,770 | 29,025 | 29,285 | 29,540 | 29,800 |
| Camarilla | 28,888 | 28,936 | 28,983 | 29,030 | 29,077 | 29,124 | 29,172 |
| Woodie | 28,258 | 28,511 | 28,773 | 29,026 | 29,288 | 29,541 | 29,803 |
| Fibonacci | 28,510 | 28,707 | 28,828 | 29,025 | 29,222 | 29,343 | 29,540 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24,802 | 25,973 | 27,362 | 28,533 | 29,922 | 31,093 | 32,482 |
| Camarilla | 28,046 | 28,281 | 28,515 | 28,750 | 28,985 | 29,219 | 29,454 |
| Woodie | 24,910 | 26,028 | 27,470 | 28,588 | 30,030 | 31,148 | 32,590 |
| Fibonacci | 25,973 | 26,951 | 27,555 | 28,533 | 29,511 | 30,115 | 31,093 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.00 | |
| MACD (12,26,9): | -34.0000 | |
| Directional Movement: | -13 | |
| AROON (14): | -57 | |
| DEMA (21): | 29,028 | |
| Parabolic SAR (0,02-0,02-0,2): | 29,214 | |
| Elder Ray (13): | -96 | |
| Super Trend (3,10): | 29,154 | |
| Zig ZAG (10): | 28,945 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 7.00 | |
| TEMA (21): | 29,023 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -155 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.00 |
| MA7: | 29,150 | |
| MA20: | 28,954 | |
| MA50: | 28,919 | |
| MA100: | 29,192 | |
| MAexp7: | 29,023 | |
| MAexp20: | 29,070 | |
| MAexp50: | 29,125 | |
| MAexp100: | 29,144 | |
| Price / MA7: | -0.65% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | +0.14% | |
| Price / MA100: | -0.79% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | -0.57% | |
| Price / MAexp100: | -0.63% |
Quotes :
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10 min delayed data
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Futures CME Globex