DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 11/17/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 36,123.00 USD
My targets
35,823.00 USD (-0.53%)
35,518.00 USD (-1.38%)
My analysis
DOW JONES - MINI DJ30 FULL1221 is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 36,123.00 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 35,823.00 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 35,518.00 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 34,727.00 USD. Beware of a possible return to above the resistance located at 36,123.00 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.8
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Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL1221 price is 36,014.00 USD. On the day, this instrument lost -0.13% with the lowest point at 35,983.00 USD and the highest point at 36,105.00 USD. The deviation from the price is +0.09% for the low point and -0.25% for the high point.35,983.00
36,105.00
36,014.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOW JONES - MINI DJ30 FULL1221:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DOW JONES - MINI DJ30 FULL1221 chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 35,518.00 | 35,823.00 | 35,947.50 | 36,014.00 | 36,067.20 | 36,123.00 | 36,238.00 |
| Change (%) | -1.38% | -0.53% | -0.18% | - | +0.15% | +0.30% | +0.62% |
| Change | -496.00 | -191.00 | -66.50 | - | +53.20 | +109.00 | +224.00 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | 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 | 35,633.33 | 35,789.67 | 35,925.33 | 36,081.67 | 36,217.33 | 36,373.67 | 36,509.33 |
| Camarilla | 35,980.70 | 36,007.47 | 36,034.23 | 36,061.00 | 36,087.77 | 36,114.53 | 36,141.30 |
| Woodie | 35,623.00 | 35,784.50 | 35,915.00 | 36,076.50 | 36,207.00 | 36,368.50 | 36,499.00 |
| Fibonacci | 35,789.67 | 35,901.21 | 35,970.12 | 36,081.67 | 36,193.21 | 36,262.12 | 36,373.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35,119.00 | 35,471.00 | 35,742.00 | 36,094.00 | 36,365.00 | 36,717.00 | 36,988.00 |
| Camarilla | 35,841.68 | 35,898.78 | 35,955.89 | 36,013.00 | 36,070.11 | 36,127.22 | 36,184.33 |
| Woodie | 35,078.50 | 35,450.75 | 35,701.50 | 36,073.75 | 36,324.50 | 36,696.75 | 36,947.50 |
| Fibonacci | 35,471.00 | 35,708.99 | 35,856.01 | 36,094.00 | 36,331.99 | 36,479.01 | 36,717.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32,147.00 | 32,914.00 | 34,357.00 | 35,124.00 | 36,567.00 | 37,334.00 | 38,777.00 |
| Camarilla | 35,192.25 | 35,394.83 | 35,597.42 | 35,800.00 | 36,002.58 | 36,205.17 | 36,407.75 |
| Woodie | 32,485.00 | 33,083.00 | 34,695.00 | 35,293.00 | 36,905.00 | 37,503.00 | 39,115.00 |
| Fibonacci | 32,914.00 | 33,758.22 | 34,279.78 | 35,124.00 | 35,968.22 | 36,489.78 | 37,334.00 |
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): | 41.16 | |
| MACD (12,26,9): | -10.2400 | |
| Directional Movement: | -15.78 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 36,052.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 36,139.80 | |
| Elder Ray (13): | -47.59 | |
| Super Trend (3,10): | 36,004.94 | |
| Zig ZAG (10): | 36,014.00 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 17.16 | |
| TEMA (21): | 36,033.01 | |
| Williams %R (14): | -75.41 | |
| Chande Momentum Oscillator (20): | -73.00 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.40 |
| MA7: | 36,018.57 | |
| MA20: | 35,872.25 | |
| MA50: | 35,047.60 | |
| MA100: | 35,008.74 | |
| MAexp7: | 36,041.51 | |
| MAexp20: | 36,062.22 | |
| MAexp50: | 36,057.11 | |
| MAexp100: | 36,048.25 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | +0.40% | |
| Price / MA50: | +2.76% | |
| Price / MA100: | +2.87% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.10% |
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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