Londinia Opportunities Analyses - 01/26/2023 (GMT) NIKKEI225 $ FULL0624 - 1H
-
USD
(-)
-
10 min delayed data - CME Globex Futures
| Type: | Futures |
| Ticker: | NKDXXXX |
| ISIN: | NKDXXXX |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 27,310 USD
My targets
27,790 USD (+1.31%)
28,316 USD (+3.23%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NIKKEI225 $ FULL0323 as long as the price remains well above 27,310 USD. The buyers' bullish objective is set at 27,790 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 28,316 USD. If there is any crossing, the next objective would be the resistance located at 28,910 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
Analysis too old. There are no more charts available.
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.
Additional analysis
Quotes
NIKKEI225 $ FULL0323 rating 27,430 USD. The price registered a decrease of -0.02% on the session with the lowest point at 27,300 USD and the highest point at 27,530 USD. The deviation from the price is +0.48% for the low point and -0.36% for the high point.27,300
27,530
27,430
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NIKKEI225 $ FULL0323:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NIKKEI225 $ FULL0323 indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26,615 | 26,845 | 27,310 | 27,430 | 27,485 | 28,316 | 28,910 |
| Change (%) | -2.97% | -2.13% | -0.44% | - | +0.20% | +3.23% | +5.40% |
| Change | -815 | -585 | -120 | - | +55 | +886 | +1,480 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26,902 | 27,028 | 27,232 | 27,358 | 27,562 | 27,688 | 27,892 |
| Camarilla | 27,344 | 27,375 | 27,405 | 27,435 | 27,465 | 27,496 | 27,526 |
| Woodie | 26,940 | 27,048 | 27,270 | 27,378 | 27,600 | 27,708 | 27,930 |
| Fibonacci | 27,028 | 27,154 | 27,232 | 27,358 | 27,484 | 27,562 | 27,688 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24,900 | 25,320 | 26,135 | 26,555 | 27,370 | 27,790 | 28,605 |
| Camarilla | 26,610 | 26,724 | 26,837 | 26,950 | 27,063 | 27,176 | 27,290 |
| Woodie | 25,098 | 25,419 | 26,333 | 26,654 | 27,568 | 27,889 | 28,803 |
| Fibonacci | 25,320 | 25,792 | 26,083 | 26,555 | 27,027 | 27,318 | 27,790 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22,238 | 23,947 | 24,858 | 26,567 | 27,478 | 29,187 | 30,098 |
| Camarilla | 25,050 | 25,290 | 25,530 | 25,770 | 26,010 | 26,250 | 26,491 |
| Woodie | 21,840 | 23,748 | 24,460 | 26,368 | 27,080 | 28,988 | 29,700 |
| Fibonacci | 23,947 | 24,948 | 25,566 | 26,567 | 27,568 | 28,186 | 29,187 |
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): | 60.00 | |
| MACD (12,26,9): | 31.0000 | |
| Directional Movement: | 15 | |
| AROON (14): | -29 | |
| DEMA (21): | 27,428 | |
| Parabolic SAR (0,02-0,02-0,2): | 27,496 | |
| Elder Ray (13): | 30 | |
| Super Trend (3,10): | 27,286 | |
| Zig ZAG (10): | 27,435 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 57.00 | |
| TEMA (21): | 27,428 | |
| Williams %R (14): | -39.00 | |
| Chande Momentum Oscillator (20): | 70 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.00 |
| MA7: | 27,017 | |
| MA20: | 26,404 | |
| MA50: | 27,102 | |
| MA100: | 27,138 | |
| MAexp7: | 27,419 | |
| MAexp20: | 27,387 | |
| MAexp50: | 27,309 | |
| MAexp100: | 27,140 | |
| Price / MA7: | +1.53% | |
| Price / MA20: | +3.89% | |
| Price / MA50: | +1.21% | |
| Price / MA100: | +1.08% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.16% | |
| Price / MAexp50: | +0.44% | |
| Price / MAexp100: | +1.07% |
Quotes :
-
10 min delayed data
-
Futures CME Globex