DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 09/13/2021 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 35,036.80 USD
My targets
33,832.67 USD (-2.46%)
33,155.00 USD (-4.41%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 35,036.80 USD remains possible. It is advisable to trade DOW JONES - MINI DJ30 FULL1221 with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 35,036.80 USD. The next bearish objective for sellers is set at 33,832.67 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 33,155.00 USD. In case of crossing, the next objective would be the support located at 31,916.00 USD. PS: if there is a bullish break in the resistance located at 35,036.80 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.1
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Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL1221 price is 34,686.00 USD. The price has increased by +0.57% since the last closing and was traded between 34,482.00 USD and 34,768.00 USD over the period. The price is currently at +0.59% from its lowest and -0.24% from its highest.34,482.00
34,768.00
34,686.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 DOW JONES - MINI DJ30 FULL1221 in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 30,884.80 | 31,916.00 | 33,155.00 | 34,686.00 | 34,719.50 | 35,036.80 | 35,251.30 |
| Change (%) | -10.96% | -7.99% | -4.41% | - | +0.10% | +1.01% | +1.63% |
| Change | -3,801.20 | -2,770.00 | -1,531.00 | - | +33.50 | +350.80 | +565.30 |
| Level | Minor | Minor | Major | - | Major | Minor | Intermediate |
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 | 33,823.00 | 34,152.00 | 34,339.00 | 34,668.00 | 34,855.00 | 35,184.00 | 35,371.00 |
| Camarilla | 34,384.10 | 34,431.40 | 34,478.70 | 34,526.00 | 34,573.30 | 34,620.60 | 34,667.90 |
| Woodie | 33,752.00 | 34,116.50 | 34,268.00 | 34,632.50 | 34,784.00 | 35,148.50 | 35,300.00 |
| Fibonacci | 34,152.00 | 34,349.11 | 34,470.89 | 34,668.00 | 34,865.11 | 34,986.89 | 35,184.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33,184.33 | 33,832.67 | 34,179.33 | 34,827.67 | 35,174.33 | 35,822.67 | 36,169.33 |
| Camarilla | 34,252.38 | 34,343.58 | 34,434.79 | 34,526.00 | 34,617.21 | 34,708.42 | 34,799.63 |
| Woodie | 33,033.50 | 33,757.25 | 34,028.50 | 34,752.25 | 35,023.50 | 35,747.25 | 36,018.50 |
| Fibonacci | 33,832.67 | 34,212.76 | 34,447.58 | 34,827.67 | 35,207.76 | 35,442.58 | 35,822.67 |
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): | 49.36 | |
| MACD (12,26,9): | -22.2200 | |
| Directional Movement: | 3.98 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 34,624.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 34,495.59 | |
| Elder Ray (13): | 58.43 | |
| Super Trend (3,10): | 34,758.39 | |
| Zig ZAG (10): | 34,716.00 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 84.17 | |
| TEMA (21): | 34,661.98 | |
| Williams %R (14): | -24.13 | |
| Chande Momentum Oscillator (20): | 145.00 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.49 |
| MA7: | 34,996.43 | |
| MA20: | 35,153.35 | |
| MA50: | 34,974.06 | |
| MA100: | 34,589.56 | |
| MAexp7: | 34,686.28 | |
| MAexp20: | 34,669.23 | |
| MAexp50: | 34,760.96 | |
| MAexp100: | 34,898.55 | |
| Price / MA7: | -0.89% | |
| Price / MA20: | -1.33% | |
| Price / MA50: | -0.82% | |
| Price / MA100: | +0.28% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | -0.22% | |
| Price / MAexp100: | -0.61% |
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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