DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 09/06/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 35,392.00 USD
My targets
35,518.00 USD (+0.22%)
My analysis
DOW JONES - MINI DJ30 FULL0921 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 35,392.00 USD. The next resistance located at 35,518.00 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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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 35,441.00 USD. On the day, this instrument gained +0.25% and was traded between 35,263.00 USD and 35,476.00 USD over the period. The price is currently at +0.50% from its lowest and -0.10% from its highest.35,263.00
35,476.00
35,441.00
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOW JONES - MINI DJ30 FULL0921:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DOW JONES - MINI DJ30 FULL0921 chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 35,362.20 | 35,392.00 | 35,424.00 | 35,441.00 | 35,463.20 | 35,518.00 |
| Change (%) | -0.22% | -0.14% | -0.05% | - | +0.06% | +0.22% |
| Change | -78.80 | -49.00 | -17.00 | - | +22.20 | +77.00 |
| Level | Minor | Minor | Minor | - | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34,968.67 | 35,108.33 | 35,224.67 | 35,364.33 | 35,480.67 | 35,620.33 | 35,736.67 |
| Camarilla | 35,270.60 | 35,294.07 | 35,317.53 | 35,341.00 | 35,364.47 | 35,387.93 | 35,411.40 |
| Woodie | 34,957.00 | 35,102.50 | 35,213.00 | 35,358.50 | 35,469.00 | 35,614.50 | 35,725.00 |
| Fibonacci | 35,108.33 | 35,206.13 | 35,266.54 | 35,364.33 | 35,462.13 | 35,522.54 | 35,620.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34,920.33 | 35,069.67 | 35,205.33 | 35,354.67 | 35,490.33 | 35,639.67 | 35,775.33 |
| Camarilla | 35,262.63 | 35,288.75 | 35,314.88 | 35,341.00 | 35,367.13 | 35,393.25 | 35,419.38 |
| Woodie | 34,913.50 | 35,066.25 | 35,198.50 | 35,351.25 | 35,483.50 | 35,636.25 | 35,768.50 |
| Fibonacci | 35,069.67 | 35,178.54 | 35,245.80 | 35,354.67 | 35,463.54 | 35,530.80 | 35,639.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33,621.33 | 34,057.67 | 34,674.33 | 35,110.67 | 35,727.33 | 36,163.67 | 36,780.33 |
| Camarilla | 35,001.43 | 35,097.95 | 35,194.48 | 35,291.00 | 35,387.53 | 35,484.05 | 35,580.58 |
| Woodie | 33,711.50 | 34,102.75 | 34,764.50 | 35,155.75 | 35,817.50 | 36,208.75 | 36,870.50 |
| Fibonacci | 34,057.67 | 34,459.91 | 34,708.42 | 35,110.67 | 35,512.91 | 35,761.42 | 36,163.67 |
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): | 58.02 | |
| MACD (12,26,9): | 17.9400 | |
| Directional Movement: | 7.59 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 35,423.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 35,383.47 | |
| Elder Ray (13): | 29.49 | |
| Super Trend (3,10): | 35,355.18 | |
| Zig ZAG (10): | 35,440.00 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 87.76 | |
| TEMA (21): | 35,442.77 | |
| Williams %R (14): | -20.34 | |
| Chande Momentum Oscillator (20): | 91.00 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.63 |
| MA7: | 35,386.14 | |
| MA20: | 35,290.15 | |
| MA50: | 34,939.86 | |
| MA100: | 34,540.47 | |
| MAexp7: | 35,435.54 | |
| MAexp20: | 35,405.93 | |
| MAexp50: | 35,393.53 | |
| MAexp100: | 35,381.70 | |
| Price / MA7: | +0.16% | |
| Price / MA20: | +0.43% | |
| Price / MA50: | +1.43% | |
| Price / MA100: | +2.61% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | +0.17% |
Quotes :
-
10 min delayed data
-
CBOT E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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