DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 11/27/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 29,523.00 USD
My targets
30,065.30 USD (+0.79%)
30,165.00 USD (+1.12%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on DOW JONES - MINI DJ30 FULL1220 as long as the price remains well above 29,523.00 USD. The buyers” bullish objective is set at 30,065.30 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 30,165.00 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
5
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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 29,830.00 USD. The price registered an increase of +0.01% on the session with the lowest point at 29,696.00 USD and the highest point at 29,865.00 USD. The deviation from the price is +0.45% for the low point and -0.12% for the high point.29,696.00
29,865.00
29,830.00
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
A technical analysis in 1H of this DOW JONES - MINI DJ30 FULL1220 chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 29,266.00 | 29,523.00 | 29,757.00 | 29,830.00 | 29,903.10 | 30,065.30 | 30,165.00 |
| Change (%) | -1.89% | -1.03% | -0.24% | - | +0.25% | +0.79% | +1.12% |
| Change | -564.00 | -307.00 | -73.00 | - | +73.10 | +235.30 | +335.00 |
| Level | Minor | Major | Minor | - | Major | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29,532.00 | 29,633.00 | 29,706.00 | 29,807.00 | 29,880.00 | 29,981.00 | 30,054.00 |
| Camarilla | 29,731.15 | 29,747.10 | 29,763.05 | 29,779.00 | 29,794.95 | 29,810.90 | 29,826.85 |
| Woodie | 29,518.00 | 29,626.00 | 29,692.00 | 29,800.00 | 29,866.00 | 29,974.00 | 30,040.00 |
| Fibonacci | 29,633.00 | 29,699.47 | 29,740.53 | 29,807.00 | 29,873.47 | 29,914.53 | 29,981.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28,015.67 | 28,569.33 | 28,890.67 | 29,444.33 | 29,765.67 | 30,319.33 | 30,640.67 |
| Camarilla | 28,971.38 | 29,051.58 | 29,131.79 | 29,212.00 | 29,292.21 | 29,372.42 | 29,452.63 |
| Woodie | 27,899.50 | 28,511.25 | 28,774.50 | 29,386.25 | 29,649.50 | 30,261.25 | 30,524.50 |
| Fibonacci | 28,569.33 | 28,903.58 | 29,110.08 | 29,444.33 | 29,778.58 | 29,985.08 | 30,319.33 |
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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.94 | |
| MACD (12,26,9): | -11.5800 | |
| Directional Movement: | -1.45 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 29,794.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 29,705.56 | |
| Elder Ray (13): | 39.41 | |
| Super Trend (3,10): | 29,875.84 | |
| Zig ZAG (10): | 29,841.00 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 90.38 | |
| TEMA (21): | 29,794.60 | |
| Williams %R (14): | -15.98 | |
| Chande Momentum Oscillator (20): | 4.00 | |
| Repulse (5,40,3): | 0.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.20 |
| MA7: | 29,663.29 | |
| MA20: | 29,055.85 | |
| MA50: | 28,240.80 | |
| MA100: | 27,839.24 | |
| MAexp7: | 29,814.03 | |
| MAexp20: | 29,815.47 | |
| MAexp50: | 29,822.51 | |
| MAexp100: | 29,760.03 | |
| Price / MA7: | +0.56% | |
| Price / MA20: | +2.66% | |
| Price / MA50: | +5.63% | |
| Price / MA100: | +7.15% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | +0.24% |
Quotes :
2020-11-27 07:32:13
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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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