DOW JONES - MINI DJ30 FULL0624 - Daily - Technical analysis published on 01/18/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 35,865.80 USD
My targets
34,735.80 USD (-1.36%)
33,743.70 USD (-4.18%)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade DOW JONES - MINI DJ30 FULL0322 with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 35,865.80 USD. The next bearish objective for sellers is set at 34,735.80 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 33,743.70 USD. In case of crossing, the next objective would be the support located at 33,155.00 USD. In the event of a bullish break in the resistance located at 35,865.80 USD a certain indecision would take hold.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL0322 rating is 35,214.00 USD. The price registered a decrease of -1.63% on the session and was traded between 35,194.00 USD and 35,865.00 USD over the period. The price is currently at +0.06% from its lowest and -1.82% from its highest.35,194.00
35,865.00
35,214.00
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of DOW JONES - MINI DJ30 FULL0322 indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
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
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 : Daily
Williams %R indicator is oversold : under -80
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
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 33,155.00 | 33,743.70 | 34,735.80 | 35,214.00 | 35,521.40 | 35,865.80 | 36,312.00 |
| Change (%) | -5.85% | -4.18% | -1.36% | - | +0.87% | +1.85% | +3.12% |
| Change | -2,059.00 | -1,470.30 | -478.20 | - | +307.40 | +651.80 | +1,098.00 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | Major |
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 | 35,506.00 | 35,606.00 | 35,701.00 | 35,801.00 | 35,896.00 | 35,996.00 | 36,091.00 |
| Camarilla | 35,742.38 | 35,760.25 | 35,778.13 | 35,796.00 | 35,813.88 | 35,831.75 | 35,849.63 |
| Woodie | 35,503.50 | 35,604.75 | 35,698.50 | 35,799.75 | 35,893.50 | 35,994.75 | 36,088.50 |
| Fibonacci | 35,606.00 | 35,680.49 | 35,726.51 | 35,801.00 | 35,875.49 | 35,921.51 | 35,996.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34,535.67 | 35,025.33 | 35,410.67 | 35,900.33 | 36,285.67 | 36,775.33 | 37,160.67 |
| Camarilla | 35,555.38 | 35,635.58 | 35,715.79 | 35,796.00 | 35,876.21 | 35,956.42 | 36,036.63 |
| Woodie | 34,483.50 | 34,999.25 | 35,358.50 | 35,874.25 | 36,233.50 | 36,749.25 | 37,108.50 |
| Fibonacci | 35,025.33 | 35,359.58 | 35,566.08 | 35,900.33 | 36,234.58 | 36,441.08 | 36,775.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31,928.00 | 32,926.00 | 34,576.00 | 35,574.00 | 37,224.00 | 38,222.00 | 39,872.00 |
| Camarilla | 35,497.80 | 35,740.53 | 35,983.27 | 36,226.00 | 36,468.73 | 36,711.47 | 36,954.20 |
| Woodie | 32,254.00 | 33,089.00 | 34,902.00 | 35,737.00 | 37,550.00 | 38,385.00 | 40,198.00 |
| Fibonacci | 32,926.00 | 33,937.54 | 34,562.46 | 35,574.00 | 36,585.54 | 37,210.46 | 38,222.00 |
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): | 38.46 | |
| MACD (12,26,9): | 28.0000 | |
| Directional Movement: | -16.17 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 35,986.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 36,634.95 | |
| Elder Ray (13): | -363.24 | |
| Super Trend (3,10): | 36,863.34 | |
| Zig ZAG (10): | 35,214.00 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 14.45 | |
| TEMA (21): | 35,878.47 | |
| Williams %R (14): | -99.27 | |
| Chande Momentum Oscillator (20): | -1,025.00 | |
| Repulse (5,40,3): | -2.8900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 1.08 |
| MA7: | 35,862.86 | |
| MA20: | 36,044.30 | |
| MA50: | 35,669.50 | |
| MA100: | 35,250.06 | |
| MAexp7: | 35,784.96 | |
| MAexp20: | 35,893.56 | |
| MAexp50: | 35,685.95 | |
| MAexp100: | 35,306.09 | |
| Price / MA7: | -1.81% | |
| Price / MA20: | -2.30% | |
| Price / MA50: | -1.28% | |
| Price / MA100: | -0.10% | |
| Price / MAexp7: | -1.60% | |
| Price / MAexp20: | -1.89% | |
| Price / MAexp50: | -1.32% | |
| Price / MAexp100: | -0.26% |
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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