DOW JONES - MINI DJ30 FULL0624 - Daily - Technical analysis published on 04/19/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 33,522 USD
My targets
35,189 USD (+1.18%)
36,107 USD (+3.82%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on DOW JONES - MINI DJ30 FULL0622. This is a positive signal for buyers. As long as the price remains above 33,522 USD, a purchase could be considered. The first bullish objective is located at 35,189 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 36,107 USD as an objective. Crossing it would then enable buyers to target 36,563 USD. In the event of a return below 33,522 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5
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This analysis was given by Gstar99. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL0622 rating is 34,780 USD. The price has increased by +1.36% since the last closing with the lowest point at 34,226 USD and the highest point at 34,897 USD. The deviation from the price is +1.62% for the low point and -0.34% for the high point.34,226
34,897
34,780
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
Here is a more detailed summary of the historical variations registered by DOW JONES - MINI DJ30 FULL0622:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DOW JONES - MINI DJ30 FULL0622 in Daily shows an overall bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 32,954 | 33,522 | 34,524 | 34,780 | 35,189 | 36,107 | 36,563 |
| Change (%) | -5.25% | -3.62% | -0.74% | - | +1.18% | +3.82% | +5.13% |
| Change | -1,826 | -1,258 | -256 | - | +409 | +1,327 | +1,783 |
| Level | Minor | Major | Intermediate | - | Major | Minor | 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 | 33,800 | 33,990 | 34,151 | 34,341 | 34,502 | 34,692 | 34,853 |
| Camarilla | 34,216 | 34,249 | 34,281 | 34,313 | 34,345 | 34,377 | 34,410 |
| Woodie | 33,787 | 33,983 | 34,138 | 34,334 | 34,489 | 34,685 | 34,840 |
| Fibonacci | 33,990 | 34,124 | 34,207 | 34,341 | 34,475 | 34,558 | 34,692 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33,183 | 33,593 | 33,975 | 34,385 | 34,767 | 35,177 | 35,559 |
| Camarilla | 34,140 | 34,213 | 34,285 | 34,358 | 34,431 | 34,503 | 34,576 |
| Woodie | 33,170 | 33,586 | 33,962 | 34,378 | 34,754 | 35,170 | 35,546 |
| Fibonacci | 33,593 | 33,895 | 34,082 | 34,385 | 34,687 | 34,874 | 35,177 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29,759 | 30,976 | 32,847 | 34,064 | 35,935 | 37,152 | 39,023 |
| Camarilla | 33,869 | 34,152 | 34,435 | 34,718 | 35,001 | 35,284 | 35,567 |
| Woodie | 30,086 | 31,140 | 33,174 | 34,228 | 36,262 | 37,316 | 39,350 |
| Fibonacci | 30,976 | 32,156 | 32,884 | 34,064 | 35,244 | 35,972 | 37,152 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.00 | |
| MACD (12,26,9): | 87.0000 | |
| Directional Movement: | 4 | |
| AROON (14): | -71 | |
| DEMA (21): | 34,560 | |
| Parabolic SAR (0,02-0,02-0,2): | 34,002 | |
| Elder Ray (13): | 88 | |
| Super Trend (3,10): | 33,425 | |
| Zig ZAG (10): | 34,780 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 38.00 | |
| TEMA (21): | 34,613 | |
| Williams %R (14): | -38.00 | |
| Chande Momentum Oscillator (20): | 162 | |
| Repulse (5,40,3): | 1.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.00 |
| MA7: | 34,415 | |
| MA20: | 34,600 | |
| MA50: | 34,132 | |
| MA100: | 34,703 | |
| MAexp7: | 34,486 | |
| MAexp20: | 34,428 | |
| MAexp50: | 34,383 | |
| MAexp100: | 34,516 | |
| Price / MA7: | +1.06% | |
| Price / MA20: | +0.52% | |
| Price / MA50: | +1.90% | |
| Price / MA100: | +0.22% | |
| Price / MAexp7: | +0.85% | |
| Price / MAexp20: | +1.02% | |
| Price / MAexp50: | +1.15% | |
| Price / MAexp100: | +0.76% |
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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