DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 11/20/2020 (GMT)
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- Timeframe : 1H
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- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Neutral between 29,299.50 USD and 29,523.00 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 29,523.00 USD. The first support is located at 29,299.50 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by DOW JONES - MINI DJ30 FULL1220.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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.
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 29,398.00 USD. On the day, this instrument lost -0.15% and was between 29,144.00 USD and 29,440.00 USD. This implies that the price is at +0.87% from its lowest and at -0.14% from its highest.29,144.00
29,440.00
29,398.00
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 DOW JONES - MINI DJ30 FULL1220:
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 this 1H chart of DOW JONES - MINI DJ30 FULL1220 indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 29,057.00 | 29,183.00 | 29,299.50 | 29,398.00 | 29,523.00 | 29,896.00 | 29,998.20 |
| Change (%) | -1.16% | -0.73% | -0.34% | - | +0.43% | +1.69% | +2.04% |
| Change | -341.00 | -215.00 | -98.50 | - | +125.00 | +498.00 | +600.20 |
| Level | Minor | Major | Minor | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28,964.00 | 29,073.00 | 29,258.00 | 29,367.00 | 29,552.00 | 29,661.00 | 29,846.00 |
| Camarilla | 29,362.15 | 29,389.10 | 29,416.05 | 29,443.00 | 29,469.95 | 29,496.90 | 29,523.85 |
| Woodie | 29,002.00 | 29,092.00 | 29,296.00 | 29,386.00 | 29,590.00 | 29,680.00 | 29,884.00 |
| Fibonacci | 29,073.00 | 29,185.31 | 29,254.69 | 29,367.00 | 29,479.31 | 29,548.69 | 29,661.00 |
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): | 59.87 | |
| MACD (12,26,9): | -1.4200 | |
| Directional Movement: | 3.46 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 29,309.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 29,161.07 | |
| Elder Ray (13): | 93.03 | |
| Super Trend (3,10): | 29,511.70 | |
| Zig ZAG (10): | 29,420.00 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 87.09 | |
| TEMA (21): | 29,359.65 | |
| Williams %R (14): | -6.42 | |
| Chande Momentum Oscillator (20): | 204.00 | |
| Repulse (5,40,3): | 0.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.31 |
| MA7: | 29,460.43 | |
| MA20: | 28,331.90 | |
| MA50: | 28,047.80 | |
| MA100: | 27,646.09 | |
| MAexp7: | 29,358.73 | |
| MAexp20: | 29,330.06 | |
| MAexp50: | 29,397.77 | |
| MAexp100: | 29,432.46 | |
| Price / MA7: | -0.21% | |
| Price / MA20: | +3.76% | |
| Price / MA50: | +4.81% | |
| Price / MA100: | +6.34% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | -0.11% |
Quotes :
2020-11-20 12:24:29
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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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