DOW JONES - MINI DJ30 FULL0624 - Daily - Technical analysis published on 09/07/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 33,155.00 USD
My targets
35,518.00 USD (+1.28%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 33,155.00 USD remains possible. It is advisable to trade DOW JONES - MINI DJ30 FULL0921 with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 33,155.00 USD. The next bullish objective for buyers is set at 35,518.00 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 33,155.00 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3
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Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL0921 rating is 35,070.00 USD. On the day, this instrument lost -0.80% and was between 35,038.00 USD and 35,440.00 USD. This implies that the price is at +0.09% from its lowest and at -1.04% from its highest.35,038.00
35,440.00
35,070.00
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
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
Technical analysis of DOW JONES - MINI DJ30 FULL0921 in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 6 are bullish, 9 are neutral and 3 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 31,916.00 | 33,155.00 | 34,719.50 | 35,070.00 | 35,518.00 |
| Change (%) | -8.99% | -5.46% | -1.00% | - | +1.28% |
| Change | -3,154.00 | -1,915.00 | -350.50 | - | +448.00 |
| Level | Minor | Major | Major | - | Major |
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 | 35,091.00 | 35,177.00 | 35,304.00 | 35,390.00 | 35,517.00 | 35,603.00 | 35,730.00 |
| Camarilla | 35,372.43 | 35,391.95 | 35,411.48 | 35,431.00 | 35,450.53 | 35,470.05 | 35,489.58 |
| Woodie | 35,111.50 | 35,187.25 | 35,324.50 | 35,400.25 | 35,537.50 | 35,613.25 | 35,750.50 |
| Fibonacci | 35,177.00 | 35,258.37 | 35,308.63 | 35,390.00 | 35,471.37 | 35,521.63 | 35,603.00 |
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): | 47.39 | |
| MACD (12,26,9): | 104.8000 | |
| Directional Movement: | -8.68 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 35,391.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 34,910.97 | |
| Elder Ray (13): | -41.99 | |
| Super Trend (3,10): | 34,596.34 | |
| Zig ZAG (10): | 35,070.00 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 77.56 | |
| TEMA (21): | 35,351.11 | |
| Williams %R (14): | -42.97 | |
| Chande Momentum Oscillator (20): | 5.00 | |
| Repulse (5,40,3): | -1.0700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 0.70 |
| MA7: | 35,336.71 | |
| MA20: | 35,285.15 | |
| MA50: | 34,957.68 | |
| MA100: | 34,554.05 | |
| MAexp7: | 35,294.57 | |
| MAexp20: | 35,232.77 | |
| MAexp50: | 34,951.02 | |
| MAexp100: | 34,364.57 | |
| Price / MA7: | -0.75% | |
| Price / MA20: | -0.61% | |
| Price / MA50: | +0.32% | |
| Price / MA100: | +1.49% | |
| Price / MAexp7: | -0.64% | |
| Price / MAexp20: | -0.46% | |
| Price / MAexp50: | +0.34% | |
| Price / MAexp100: | +2.05% |
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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