DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 03/11/2021 (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:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 32,116.70 USD
My targets
33,022.33 USD (+1.90%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOW JONES - MINI DJ30 FULL0321 as long as the price remains well above 32,116.70 USD. The buyers” bullish objective is set at 33,022.33 USD. A bullish break in this resistance would boost the bullish momentum. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8
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This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOW JONES - MINI DJ30 FULL0321 rating 32,408.00 USD. The price has increased by +0.40% since the last closing and was between 32,254.00 USD and 32,431.00 USD. This implies that the price is at +0.48% from its lowest and at -0.07% from its highest.32,254.00
32,431.00
32,408.00
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
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DOW JONES - MINI DJ30 FULL0321 in 1H 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 are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 31,916.00 | 32,116.70 | 32,373.00 | 32,408.00 |
| Change (%) | -1.52% | -0.90% | -0.11% | - |
| Change | -492.00 | -291.30 | -35.00 | - |
| Level | Intermediate | Intermediate | Intermediate | - |
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 | 31,233.67 | 31,480.33 | 31,879.67 | 32,126.33 | 32,525.67 | 32,772.33 | 33,171.67 |
| Camarilla | 32,101.35 | 32,160.57 | 32,219.78 | 32,279.00 | 32,338.22 | 32,397.43 | 32,456.65 |
| Woodie | 31,310.00 | 31,518.50 | 31,956.00 | 32,164.50 | 32,602.00 | 32,810.50 | 33,248.00 |
| Fibonacci | 31,480.33 | 31,727.11 | 31,879.56 | 32,126.33 | 32,373.11 | 32,525.56 | 32,772.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29,647.33 | 30,079.67 | 30,772.33 | 31,204.67 | 31,897.33 | 32,329.67 | 33,022.33 |
| Camarilla | 31,155.63 | 31,258.75 | 31,361.88 | 31,465.00 | 31,568.13 | 31,671.25 | 31,774.38 |
| Woodie | 29,777.50 | 30,144.75 | 30,902.50 | 31,269.75 | 32,027.50 | 32,394.75 | 33,152.50 |
| Fibonacci | 30,079.67 | 30,509.42 | 30,774.92 | 31,204.67 | 31,634.42 | 31,899.92 | 32,329.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28,412.00 | 29,241.00 | 30,375.00 | 31,204.00 | 32,338.00 | 33,167.00 | 34,301.00 |
| Camarilla | 30,969.18 | 31,149.12 | 31,329.06 | 31,509.00 | 31,688.94 | 31,868.88 | 32,048.83 |
| Woodie | 28,564.50 | 29,317.25 | 30,527.50 | 31,280.25 | 32,490.50 | 33,243.25 | 34,453.50 |
| Fibonacci | 29,241.00 | 29,990.87 | 30,454.13 | 31,204.00 | 31,953.87 | 32,417.13 | 33,167.00 |
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): | 70.13 | |
| MACD (12,26,9): | 128.0500 | |
| Directional Movement: | 22.59 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 32,412.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 32,342.86 | |
| Elder Ray (13): | 84.25 | |
| Super Trend (3,10): | 32,201.34 | |
| Zig ZAG (10): | 32,396.00 | |
| VORTEX (21): | 1.3800 | |
| Stochastique (14,3,5): | 92.49 | |
| TEMA (21): | 32,458.39 | |
| Williams %R (14): | -13.62 | |
| Chande Momentum Oscillator (20): | 146.00 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.96 |
| MA7: | 31,691.14 | |
| MA20: | 31,536.75 | |
| MA50: | 31,084.26 | |
| MA100: | 30,152.19 | |
| MAexp7: | 32,374.70 | |
| MAexp20: | 32,247.74 | |
| MAexp50: | 32,042.68 | |
| MAexp100: | 31,828.76 | |
| Price / MA7: | +2.26% | |
| Price / MA20: | +2.76% | |
| Price / MA50: | +4.26% | |
| Price / MA100: | +7.48% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.50% | |
| Price / MAexp50: | +1.14% | |
| Price / MAexp100: | +1.82% |
Quotes :
2021-03-11 06:29:58
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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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