DOW JONES - MINI DJ30 FULL0624
DOW JONES - MINI DJ30 FULL0624
- USD (-)
- 10 min delayed data - CBOT E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: YMXXXX
ISIN: YMXXXX

DOW JONES - MINI DJ30 FULL0624 - Daily - Technical analysis published on 05/26/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 33,522 USD
My targets
31,652 USD (-3.06%)
31,202 USD (-4.44%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 33,522 USD remains possible. It is advisable to trade DOW JONES - MINI DJ30 FULL0622 with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 33,522 USD. The next bearish objective for sellers is set at 31,652 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 31,202 USD. In case of crossing, the next objective would be the support located at 28,468 USD. PS: if there is a bullish break in the resistance located at 33,522 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2

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 skyallex. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The DOW JONES - MINI DJ30 FULL0622 rating is 32,652 USD. On the day, this instrument gained +1.80% and was between 31,996 USD and 32,727 USD. This implies that the price is at +2.05% from its lowest and at -0.23% from its highest.

31,996
32,727
32,652

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


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 bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



An assessment of technical indicators shows a slightly bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

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


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 31,202 31,652 32,490 32,652 33,522 35,190 36,101
Change (%) -4.44% -3.06% -0.50% - +2.66% +7.77% +10.56%
Change -1,450 -1,000 -162 - +870 +2,538 +3,449
Level Major Intermediate Major - Intermediate Major Intermediate



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
Standard31,23631,45931,76831,99132,30032,52332,832
Camarilla31,93031,97832,02732,07632,12532,17432,222
Woodie31,27831,48131,81032,01332,34232,54532,874
Fibonacci31,45931,66331,78831,99132,19532,32032,523


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28,19429,39030,30131,49732,40833,60434,515
Camarilla30,63430,82731,02031,21331,40631,59931,792
Woodie28,05329,31930,16031,42632,26733,53334,374
Fibonacci29,39030,19530,69231,49732,30232,79933,604


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29,40431,11231,99733,70534,59036,29837,183
Camarilla32,16932,40732,64432,88233,12033,35733,595
Woodie28,99330,90631,58633,49934,17936,09236,772
Fibonacci31,11232,10332,71433,70534,69635,30736,298

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): 51.00
MACD (12,26,9): -456.0000
Directional Movement: -3
AROON (14): -71
DEMA (21): 31,715
Parabolic SAR (0,02-0,02-0,2): 30,585
Elder Ray (13): 234
Super Trend (3,10): 33,435
Zig ZAG (10): 32,659
VORTEX (21): 1.0000
Stochastique (14,3,5): 66.00
TEMA (21): 31,624
Williams %R (14): -4.00
Chande Momentum Oscillator (20): 563
Repulse (5,40,3): 4.0000
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 6.00
MA7: 31,757
MA20: 32,269
MA50: 33,571
MA100: 33,960
MAexp7: 32,049
MAexp20: 32,360
MAexp50: 33,119
MAexp100: 33,715
Price / MA7: +2.82%
Price / MA20: +1.19%
Price / MA50: -2.74%
Price / MA100: -3.85%
Price / MAexp7: +1.88%
Price / MAexp20: +0.90%
Price / MAexp50: -1.41%
Price / MAexp100: -3.15%

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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