DOW JONES - MINI DJ30 FULL0624 - Daily - Technical analysis published on 09/29/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
39%
44%
17%
My opinion
Bearish under 34,719.50 USD
My targets
33,155.00 USD (-3.39%)
31,916.00 USD (-7.00%)
My analysis
DOW JONES - MINI DJ30 FULL1221 is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 34,719.50 USD. The next support located at 33,155.00 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 31,916.00 USD. Below this support, sellers could then target 30,884.80 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.8
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.
This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOW JONES - MINI DJ30 FULL1221 rating 34,318.00 USD. On the day, this instrument gained +0.42% and was between 34,168.00 USD and 34,451.00 USD. This implies that the price is at +0.44% from its lowest and at -0.39% from its highest.34,168.00
34,451.00
34,318.00
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
A study of price movements over other periods shows the following variations:
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 Daily shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 31,916.00 | 33,155.00 | 34,293.30 | 34,318.00 | 34,719.50 | 35,518.00 |
| Change (%) | -7.00% | -3.39% | -0.07% | - | +1.17% | +3.50% |
| Change | -2,402.00 | -1,163.00 | -24.70 | - | +401.50 | +1,200.00 |
| Level | Minor | Major | Intermediate | - | 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 | 33,182.33 | 33,651.67 | 33,913.33 | 34,382.67 | 34,644.33 | 35,113.67 | 35,375.33 |
| Camarilla | 33,973.98 | 34,040.98 | 34,107.99 | 34,175.00 | 34,242.01 | 34,309.02 | 34,376.03 |
| Woodie | 33,078.50 | 33,599.75 | 33,809.50 | 34,330.75 | 34,540.50 | 35,061.75 | 35,271.50 |
| Fibonacci | 33,651.67 | 33,930.91 | 34,103.43 | 34,382.67 | 34,661.91 | 34,834.43 | 35,113.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32,588.67 | 33,033.33 | 33,859.67 | 34,304.33 | 35,130.67 | 35,575.33 | 36,401.67 |
| Camarilla | 34,336.48 | 34,452.98 | 34,569.49 | 34,686.00 | 34,802.51 | 34,919.02 | 35,035.53 |
| Woodie | 32,779.50 | 33,128.75 | 34,050.50 | 34,399.75 | 35,321.50 | 35,670.75 | 36,592.50 |
| Fibonacci | 33,033.33 | 33,518.86 | 33,818.81 | 34,304.33 | 34,789.86 | 35,089.81 | 35,575.33 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 44.18 | |
| MACD (12,26,9): | -187.0300 | |
| Directional Movement: | -13.96 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 34,356.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 33,638.54 | |
| Elder Ray (13): | -173.64 | |
| Super Trend (3,10): | 35,181.04 | |
| Zig ZAG (10): | 34,318.00 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 56.59 | |
| TEMA (21): | 34,207.84 | |
| Williams %R (14): | -44.70 | |
| Chande Momentum Oscillator (20): | -485.00 | |
| Repulse (5,40,3): | -0.9500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 3.74 |
| MA7: | 34,355.57 | |
| MA20: | 34,649.55 | |
| MA50: | 34,927.38 | |
| MA100: | 34,626.21 | |
| MAexp7: | 34,399.66 | |
| MAexp20: | 34,589.09 | |
| MAexp50: | 34,717.11 | |
| MAexp100: | 34,392.71 | |
| Price / MA7: | -0.11% | |
| Price / MA20: | -0.96% | |
| Price / MA50: | -1.74% | |
| Price / MA100: | -0.89% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.78% | |
| Price / MAexp50: | -1.15% | |
| Price / MAexp100: | -0.22% |
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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