DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 10/19/2021 (GMT)
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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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 35,227.00 USD
My targets
35,518.00 USD (+0.53%)
My analysis
The bullish trend is currently very strong on DOW JONES - MINI DJ30 FULL1221. As long as the price remains above the support at 35,227.00 USD, you could try to benefit from the boom. The first bullish objective is located at 35,518.00 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.9
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Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL1221 price is 35,331.00 USD. The price registered an increase of +0.56% on the session and was traded between 35,067.00 USD and 35,341.00 USD over the period. The price is currently at +0.75% from its lowest and -0.03% from its highest.35,067.00
35,341.00
35,331.00
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOW JONES - MINI DJ30 FULL1221:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DOW JONES - MINI DJ30 FULL1221 chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
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 Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 34,906.00 | 35,112.00 | 35,227.00 | 35,331.00 | 35,518.00 |
| Change (%) | -1.20% | -0.62% | -0.29% | - | +0.53% |
| Change | -425.00 | -219.00 | -104.00 | - | +187.00 |
| Level | Intermediate | Minor | Intermediate | - | 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 | 34,629.33 | 34,767.67 | 34,950.33 | 35,088.67 | 35,271.33 | 35,409.67 | 35,592.33 |
| Camarilla | 35,044.73 | 35,074.15 | 35,103.58 | 35,133.00 | 35,162.43 | 35,191.85 | 35,221.28 |
| Woodie | 34,651.50 | 34,778.75 | 34,972.50 | 35,099.75 | 35,293.50 | 35,420.75 | 35,614.50 |
| Fibonacci | 34,767.67 | 34,890.29 | 34,966.05 | 35,088.67 | 35,211.29 | 35,287.05 | 35,409.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33,156.67 | 33,570.33 | 34,370.67 | 34,784.33 | 35,584.67 | 35,998.33 | 36,798.67 |
| Camarilla | 34,837.15 | 34,948.43 | 35,059.72 | 35,171.00 | 35,282.28 | 35,393.57 | 35,504.85 |
| Woodie | 33,350.00 | 33,667.00 | 34,564.00 | 34,881.00 | 35,778.00 | 36,095.00 | 36,992.00 |
| Fibonacci | 33,570.33 | 34,034.08 | 34,320.59 | 34,784.33 | 35,248.08 | 35,534.59 | 35,998.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31,077.67 | 32,230.33 | 33,198.67 | 34,351.33 | 35,319.67 | 36,472.33 | 37,440.67 |
| Camarilla | 33,583.73 | 33,778.15 | 33,972.58 | 34,167.00 | 34,361.43 | 34,555.85 | 34,750.28 |
| Woodie | 30,985.50 | 32,184.25 | 33,106.50 | 34,305.25 | 35,227.50 | 36,426.25 | 37,348.50 |
| Fibonacci | 32,230.33 | 33,040.56 | 33,541.11 | 34,351.33 | 35,161.56 | 35,662.11 | 36,472.33 |
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): | 74.13 | |
| MACD (12,26,9): | 52.5100 | |
| Directional Movement: | 22.77 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 35,237.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 35,111.53 | |
| Elder Ray (13): | 112.33 | |
| Super Trend (3,10): | 35,145.19 | |
| Zig ZAG (10): | 35,333.00 | |
| VORTEX (21): | 1.3200 | |
| Stochastique (14,3,5): | 96.98 | |
| TEMA (21): | 35,247.88 | |
| Williams %R (14): | -3.28 | |
| Chande Momentum Oscillator (20): | 211.00 | |
| Repulse (5,40,3): | 0.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.69 |
| MA7: | 34,758.57 | |
| MA20: | 34,474.90 | |
| MA50: | 34,803.66 | |
| MA100: | 34,660.25 | |
| MAexp7: | 35,243.81 | |
| MAexp20: | 35,175.46 | |
| MAexp50: | 35,069.72 | |
| MAexp100: | 34,898.00 | |
| Price / MA7: | +1.65% | |
| Price / MA20: | +2.48% | |
| Price / MA50: | +1.52% | |
| Price / MA100: | +1.94% | |
| Price / MAexp7: | +0.25% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | +0.75% | |
| Price / MAexp100: | +1.24% |
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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