DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 09/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
50%
0%
50%
My opinion
Bullish above 35,293.20 USD
My targets
35,463.30 USD (+0.22%)
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 FULL0921 as long as the price remains well above 35,293.20 USD. The buyers' bullish objective is set at 35,463.30 USD. A bullish break in this resistance would boost the bullish momentum.
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
5.9
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This analysis was given by francisco99. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL0921 price is 35,386.00 USD. The price has increased by +0.27% since the last closing and was between 35,219.00 USD and 35,463.00 USD. This implies that the price is at +0.47% from its lowest and at -0.22% from its highest.35,219.00
35,463.00
35,386.00
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of DOW JONES - MINI DJ30 FULL0921 indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 35,258.00 | 35,293.20 | 35,329.00 | 35,386.00 | 35,402.90 | 35,463.30 | 35,518.00 |
| Change (%) | -0.36% | -0.26% | -0.16% | - | +0.05% | +0.22% | +0.37% |
| Change | -128.00 | -92.80 | -57.00 | - | +16.90 | +77.30 | +132.00 |
| Level | Intermediate | Minor | Minor | - | Minor | Intermediate | Major |
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 | 34,983.00 | 35,126.00 | 35,208.00 | 35,351.00 | 35,433.00 | 35,576.00 | 35,658.00 |
| Camarilla | 35,228.13 | 35,248.75 | 35,269.38 | 35,290.00 | 35,310.63 | 35,331.25 | 35,351.88 |
| Woodie | 34,952.50 | 35,110.75 | 35,177.50 | 35,335.75 | 35,402.50 | 35,560.75 | 35,627.50 |
| Fibonacci | 35,126.00 | 35,211.95 | 35,265.05 | 35,351.00 | 35,436.95 | 35,490.05 | 35,576.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34,706.67 | 34,861.33 | 35,135.67 | 35,290.33 | 35,564.67 | 35,719.33 | 35,993.67 |
| Camarilla | 35,292.03 | 35,331.35 | 35,370.68 | 35,410.00 | 35,449.33 | 35,488.65 | 35,527.98 |
| Woodie | 34,766.50 | 34,891.25 | 35,195.50 | 35,320.25 | 35,624.50 | 35,749.25 | 36,053.50 |
| Fibonacci | 34,861.33 | 35,025.21 | 35,126.46 | 35,290.33 | 35,454.21 | 35,555.46 | 35,719.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33,620.67 | 34,057.33 | 34,673.67 | 35,110.33 | 35,726.67 | 36,163.33 | 36,779.67 |
| Camarilla | 35,000.43 | 35,096.95 | 35,193.48 | 35,290.00 | 35,386.53 | 35,483.05 | 35,579.58 |
| Woodie | 33,710.50 | 34,102.25 | 34,763.50 | 35,155.25 | 35,816.50 | 36,208.25 | 36,869.50 |
| Fibonacci | 34,057.33 | 34,459.58 | 34,708.09 | 35,110.33 | 35,512.58 | 35,761.09 | 36,163.33 |
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): | 52.77 | |
| MACD (12,26,9): | 18.2000 | |
| Directional Movement: | -8.17 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 35,384.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 35,463.00 | |
| Elder Ray (13): | -16.36 | |
| Super Trend (3,10): | 35,308.41 | |
| Zig ZAG (10): | 35,383.00 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 62.98 | |
| TEMA (21): | 35,412.87 | |
| Williams %R (14): | -31.73 | |
| Chande Momentum Oscillator (20): | 60.00 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.73 |
| MA7: | 35,339.29 | |
| MA20: | 35,248.80 | |
| MA50: | 34,891.02 | |
| MA100: | 34,511.47 | |
| MAexp7: | 35,396.06 | |
| MAexp20: | 35,364.84 | |
| MAexp50: | 35,360.80 | |
| MAexp100: | 35,353.39 | |
| Price / MA7: | +0.13% | |
| Price / MA20: | +0.39% | |
| Price / MA50: | +1.42% | |
| Price / MA100: | +2.53% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.09% |
Quotes :
-
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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