DOW JONES - MINI DJ30 FULL0624 - Daily - Technical analysis published on 03/14/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 31,916.00 USD
My targets
33,060.00 USD (+1.21%)
34,194.00 USD (+4.68%)
My analysis
DOW JONES - MINI DJ30 FULL0621 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 31,916.00 USD. The next resistance located at 33,060.00 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 34,194.00 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
8.8
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.
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Additional analysis
Quotes
DOW JONES - MINI DJ30 FULL0621 rating 32,665.00 USD. The price registered an increase of +0.57% on the session and was between 32,279.00 USD and 32,715.00 USD. This implies that the price is at +1.20% from its lowest and at -0.15% from its highest.32,279.00
32,715.00
32,665.00
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 FULL0621 in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 26,617.70 | 29,523.00 | 31,916.00 | 32,665.00 |
| Change (%) | -18.51% | -9.62% | -2.29% | - |
| Change | -6,047.30 | -3,142.00 | -749.00 | - |
| Level | Major | Major | 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 | 31,781.00 | 31,964.00 | 32,168.00 | 32,351.00 | 32,555.00 | 32,738.00 | 32,942.00 |
| Camarilla | 32,265.58 | 32,301.05 | 32,336.53 | 32,372.00 | 32,407.48 | 32,442.95 | 32,478.43 |
| Woodie | 31,791.50 | 31,969.25 | 32,178.50 | 32,356.25 | 32,565.50 | 32,743.25 | 32,952.50 |
| Fibonacci | 31,964.00 | 32,111.83 | 32,203.17 | 32,351.00 | 32,498.83 | 32,590.17 | 32,738.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29,540.33 | 29,972.67 | 30,665.33 | 31,097.67 | 31,790.33 | 32,222.67 | 32,915.33 |
| Camarilla | 31,048.63 | 31,151.75 | 31,254.88 | 31,358.00 | 31,461.13 | 31,564.25 | 31,667.38 |
| Woodie | 29,670.50 | 30,037.75 | 30,795.50 | 31,162.75 | 31,920.50 | 32,287.75 | 33,045.50 |
| Fibonacci | 29,972.67 | 30,402.42 | 30,667.92 | 31,097.67 | 31,527.42 | 31,792.92 | 32,222.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28,305.00 | 29,134.00 | 30,268.00 | 31,097.00 | 32,231.00 | 33,060.00 | 34,194.00 |
| Camarilla | 30,862.18 | 31,042.12 | 31,222.06 | 31,402.00 | 31,581.94 | 31,761.88 | 31,941.83 |
| Woodie | 28,457.50 | 29,210.25 | 30,420.50 | 31,173.25 | 32,383.50 | 33,136.25 | 34,346.50 |
| Fibonacci | 29,134.00 | 29,883.87 | 30,347.13 | 31,097.00 | 31,846.87 | 32,310.13 | 33,060.00 |
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): | 68.17 | |
| MACD (12,26,9): | 332.4300 | |
| Directional Movement: | 8.00 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 32,048.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 30,867.20 | |
| Elder Ray (13): | 667.94 | |
| Super Trend (3,10): | 30,900.26 | |
| Zig ZAG (10): | 32,687.00 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 95.36 | |
| TEMA (21): | 32,174.46 | |
| Williams %R (14): | -1.27 | |
| Chande Momentum Oscillator (20): | 771.00 | |
| Repulse (5,40,3): | 2.5700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 3.17 |
| MA7: | 31,910.71 | |
| MA20: | 31,604.70 | |
| MA50: | 31,129.86 | |
| MA100: | 30,198.60 | |
| MAexp7: | 32,094.76 | |
| MAexp20: | 31,649.71 | |
| MAexp50: | 31,112.62 | |
| MAexp100: | 30,252.79 | |
| Price / MA7: | +2.36% | |
| Price / MA20: | +3.35% | |
| Price / MA50: | +4.93% | |
| Price / MA100: | +8.17% | |
| Price / MAexp7: | +1.78% | |
| Price / MAexp20: | +3.21% | |
| Price / MAexp50: | +4.99% | |
| Price / MAexp100: | +7.97% |
Quotes :
2021-03-12 22:41:10
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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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