DOW JONES - MINI DJ30 FULL0624 - 15 min. - Technical analysis published on 11/16/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
6%
50%
My opinion
Bullish above 29,250.33 USD
My targets
29,875.33 USD (+0.60%)
30,267.67 USD (+1.93%)
My analysis
DOW JONES - MINI DJ30 FULL1220 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 29,250.33 USD. The next resistance located at 29,875.33 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 30,267.67 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOW JONES - MINI DJ30 FULL1220 rating 29,696.00 USD. The price has increased by +0.97% since the last closing and was between 29,435.00 USD and 29,723.00 USD. This implies that the price is at +0.89% from its lowest and at -0.09% from its highest.29,435.00
29,723.00
29,696.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DOW JONES - MINI DJ30 FULL1220 in 15 min. shows a strongly overall bullish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 27,667.00 | 28,819.80 | 29,523.00 | 29,696.00 | 30,000.00 |
| Change (%) | -6.83% | -2.95% | -0.58% | - | +1.02% |
| Change | -2,029.00 | -876.20 | -173.00 | - | +304.00 |
| Level | Minor | Intermediate | Major | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28,392.67 | 28,625.33 | 29,017.67 | 29,250.33 | 29,642.67 | 29,875.33 | 30,267.67 |
| Camarilla | 29,238.13 | 29,295.42 | 29,352.71 | 29,410.00 | 29,467.29 | 29,524.58 | 29,581.88 |
| Woodie | 28,472.50 | 28,665.25 | 29,097.50 | 29,290.25 | 29,722.50 | 29,915.25 | 30,347.50 |
| Fibonacci | 28,625.33 | 28,864.08 | 29,011.58 | 29,250.33 | 29,489.08 | 29,636.58 | 29,875.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26,820.00 | 27,574.00 | 28,492.00 | 29,246.00 | 30,164.00 | 30,918.00 | 31,836.00 |
| Camarilla | 28,950.20 | 29,103.47 | 29,256.73 | 29,410.00 | 29,563.27 | 29,716.53 | 29,869.80 |
| Woodie | 26,902.00 | 27,615.00 | 28,574.00 | 29,287.00 | 30,246.00 | 30,959.00 | 31,918.00 |
| Fibonacci | 27,574.00 | 28,212.70 | 28,607.30 | 29,246.00 | 29,884.70 | 30,279.30 | 30,918.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22,389.67 | 24,171.33 | 25,282.67 | 27,064.33 | 28,175.67 | 29,957.33 | 31,068.67 |
| Camarilla | 25,598.43 | 25,863.62 | 26,128.81 | 26,394.00 | 26,659.19 | 26,924.38 | 27,189.58 |
| Woodie | 22,054.50 | 24,003.75 | 24,947.50 | 26,896.75 | 27,840.50 | 29,789.75 | 30,733.50 |
| Fibonacci | 24,171.33 | 25,276.46 | 25,959.21 | 27,064.33 | 28,169.46 | 28,852.21 | 29,957.33 |
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): | 70.66 | |
| MACD (12,26,9): | 35.1600 | |
| Directional Movement: | 9.90 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 29,714.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 29,714.93 | |
| Elder Ray (13): | 17.75 | |
| Super Trend (3,10): | 29,625.96 | |
| Zig ZAG (10): | 29,700.00 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 57.11 | |
| TEMA (21): | 29,695.41 | |
| Williams %R (14): | -24.42 | |
| Chande Momentum Oscillator (20): | 54.00 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.31 |
| MA7: | 29,135.29 | |
| MA20: | 28,063.90 | |
| MA50: | 27,895.84 | |
| MA100: | 27,491.21 | |
| MAexp7: | 29,679.33 | |
| MAexp20: | 29,663.07 | |
| MAexp50: | 29,564.53 | |
| MAexp100: | 29,433.61 | |
| Price / MA7: | +1.92% | |
| Price / MA20: | +5.82% | |
| Price / MA50: | +6.45% | |
| Price / MA100: | +8.02% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +0.44% | |
| Price / MAexp100: | +0.89% |
Quotes :
2020-11-16 08:06:45
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10 min delayed data
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CBOT E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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