DOW JONES (MINI DJ30 FULL1220)
DOW JONES (MINI DJ30 FULL1220)
27,602.00 USD (-0.78%)
15 min delayed data - CBOT E-mini Futures
Open: 27,785.00
Change: -217.00
Volume: 214,161
Low: 27,369.00
High: 27,880.00
High / Low range: 511.00
Type: Futures
Ticker: YMXXXX
ISIN: YMXXXX

DOW JONES (MINI DJ30 FULL1220) - 15 min. - Technical analysis published on 09/16/2020

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  • Timeframe : 15 min.
  • - Analysis generated on 2020-09-16 19:26:48
  • Status : IN PROGRESS...

Summary of the analysis

Trends
Court terme: Bearish
De fond: Bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 27,920.67 USD
My targets
28,048.67 USD (+0.27%)
28,123.33 USD (+0.54%)
My analysis
With a bullish background trend, the price of DOW JONES (MINI DJ30 FULL1220) is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 27,920.67 USD. A bullish break in the resistance located at 28,048.67 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 28,123.33 USD. Then {resistancet3_dyna} by extension. It would be safer to wait for a bullish break in the resistance located at 28,048.67 USD before allowing yourself to re trade long positions (at purchase) on DOW JONES (MINI DJ30 FULL1220). PS: if there is a bearish break in the support located at 27,920.67 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
0.7

This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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

The DOW JONES (MINI DJ30 FULL1220) price is 27,972.00 USD. The price has increased by +0.23% since the last closing and was traded between 27,846.00 USD and 28,251.00 USD over the period. The price is currently at +0.45% from its lowest and -0.99% from its highest.

27,846.00
28,251.00
27,972.00

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:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of DOW JONES (MINI DJ30 FULL1220) indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes

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

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes



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

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 27,646.80 27,812.70 27,967.70 27,972.00 28,192.80 28,404.00 29,179.00
Change (%) -1.16% -0.57% -0.02% - +0.79% +1.54% +4.32%
Change -325.20 -159.30 -4.30 - +220.80 +432.00 +1,207.00
Level Intermediate Minor Minor - Intermediate Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27,739.3327,792.6727,867.3327,920.6727,995.3328,048.6728,123.33
Camarilla27,906.8027,918.5327,930.2727,942.0027,953.7327,965.4727,977.20
Woodie27,750.0027,798.0027,878.0027,926.0028,006.0028,054.0028,134.00
Fibonacci27,792.6727,841.5627,871.7727,920.6727,969.5627,999.7728,048.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25,765.0026,475.0026,984.0027,694.0028,203.0028,913.0029,422.00
Camarilla27,157.7827,269.5227,381.2627,493.0027,604.7427,716.4827,828.23
Woodie25,664.5026,424.7526,883.5027,643.7528,102.5028,862.7529,321.50
Fibonacci26,475.0026,940.6627,228.3427,694.0028,159.6628,447.3428,913.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24,365.6725,281.3326,951.6727,867.3329,537.6730,453.3332,123.67
Camarilla27,910.8528,147.9028,384.9528,622.0028,859.0529,096.1029,333.15
Woodie24,743.0025,470.0027,329.0028,056.0029,915.0030,642.0032,501.00
Fibonacci25,281.3326,269.1826,879.4827,867.3328,855.1829,465.4830,453.33

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): 50.05
MACD (12,26,9): 31.9100
Directional Movement: 6.30
AROON (14): 28.57
DEMA (21): 28,130.66
Parabolic SAR (0,02-0,02-0,2): 28,054.67
Elder Ray (13): 6.71
Super Trend (3,10): 28,061.74
Zig ZAG (10): 28,072.00
VORTEX (21): 1.1300
Stochastique (14,3,5): 43.88
TEMA (21): 28,118.83
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -136.00
Repulse (5,40,3): -0.8400
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 0.35
MA7: 27,805.43
MA20: 28,147.00
MA50: 27,449.50
MA100: 26,351.53
MAexp7: 28,075.14
MAexp20: 28,092.96
MAexp50: 28,045.06
MAexp100: 28,007.14
Price / MA7: +0.60%
Price / MA20: -0.62%
Price / MA50: +1.90%
Price / MA100: +6.15%
Price / MAexp7: -0.37%
Price / MAexp20: -0.43%
Price / MAexp50: -0.26%
Price / MAexp100: -0.13%

Quotes : 2020-09-16 19:16:17 - 15 min delayed data - CBOT E-mini Futures

This member declared not having a position on this financial instrument or a related financial instrument.

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