DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 05/26/2022 (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
78%
0%
22%
My opinion
Bullish above 32,490 USD
My targets
33,522 USD (+2.67%)
34,515 USD (+5.71%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOW JONES - MINI DJ30 FULL0622 as long as the price remains well above 32,490 USD. The buyers' bullish objective is set at 33,522 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 34,515 USD. If there is any crossing, the next objective would be the resistance located at 35,190 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.6
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This analysis was given by skyallex. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOW JONES - MINI DJ30 FULL0622 rating 32,651 USD. On the day, this instrument gained +1.79% 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
32,651
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
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
A technical analysis in 1H of this DOW JONES - MINI DJ30 FULL0622 chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
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 : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 31,652 | 32,266 | 32,490 | 32,651 | 32,692 | 33,522 | 35,190 |
| Change (%) | -3.06% | -1.18% | -0.49% | - | +0.13% | +2.67% | +7.78% |
| Change | -999 | -385 | -161 | - | +41 | +871 | +2,539 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | 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 | 31,236 | 31,459 | 31,768 | 31,991 | 32,300 | 32,523 | 32,832 |
| Camarilla | 31,930 | 31,978 | 32,027 | 32,076 | 32,125 | 32,174 | 32,222 |
| Woodie | 31,278 | 31,481 | 31,810 | 32,013 | 32,342 | 32,545 | 32,874 |
| Fibonacci | 31,459 | 31,663 | 31,788 | 31,991 | 32,195 | 32,320 | 32,523 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28,194 | 29,390 | 30,301 | 31,497 | 32,408 | 33,604 | 34,515 |
| Camarilla | 30,634 | 30,827 | 31,020 | 31,213 | 31,406 | 31,599 | 31,792 |
| Woodie | 28,053 | 29,319 | 30,160 | 31,426 | 32,267 | 33,533 | 34,374 |
| Fibonacci | 29,390 | 30,195 | 30,692 | 31,497 | 32,302 | 32,799 | 33,604 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29,404 | 31,112 | 31,997 | 33,705 | 34,590 | 36,298 | 37,183 |
| Camarilla | 32,169 | 32,407 | 32,644 | 32,882 | 33,120 | 33,357 | 33,595 |
| Woodie | 28,993 | 30,906 | 31,586 | 33,499 | 34,179 | 36,092 | 36,772 |
| Fibonacci | 31,112 | 32,103 | 32,714 | 33,705 | 34,696 | 35,307 | 36,298 |
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): | 75.00 | |
| MACD (12,26,9): | 171.0000 | |
| Directional Movement: | 30 | |
| AROON (14): | 79 | |
| DEMA (21): | 32,498 | |
| Parabolic SAR (0,02-0,02-0,2): | 32,100 | |
| Elder Ray (13): | 290 | |
| Super Trend (3,10): | 32,300 | |
| Zig ZAG (10): | 32,659 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 94.00 | |
| TEMA (21): | 32,583 | |
| Williams %R (14): | -11.00 | |
| Chande Momentum Oscillator (20): | 633 | |
| Repulse (5,40,3): | 1.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 3.00 |
| MA7: | 31,757 | |
| MA20: | 32,269 | |
| MA50: | 33,571 | |
| MA100: | 33,960 | |
| MAexp7: | 32,508 | |
| MAexp20: | 32,294 | |
| MAexp50: | 32,070 | |
| MAexp100: | 31,906 | |
| Price / MA7: | +2.82% | |
| Price / MA20: | +1.18% | |
| Price / MA50: | -2.74% | |
| Price / MA100: | -3.85% | |
| Price / MAexp7: | +0.44% | |
| Price / MAexp20: | +1.11% | |
| Price / MAexp50: | +1.81% | |
| Price / MAexp100: | +2.33% |
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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