DOW JONES - MINI DJ30 FULL0624 - 15 min. - Technical analysis published on 05/27/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 32,445 USD
My targets
33,187 USD (+0.72%)
33,635 USD (+2.08%)
My analysis
DOW JONES - MINI DJ30 FULL0622 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 32,445 USD. The next resistance located at 33,187 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 33,635 USD. After this resistance, buyers could then target 34,701 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.4
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This analysis was given by Alan Halabi. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL0622 price is 32,949 USD. The price has increased by +1.07% since the last closing and was between 32,485 USD and 32,970 USD. This implies that the price is at +1.43% from its lowest and at -0.06% from its highest.32,485
32,970
32,949
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
Here is a more detailed summary of the historical variations registered by DOW JONES - MINI DJ30 FULL0622:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this DOW JONES - MINI DJ30 FULL0622 chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 32,213 | 32,490 | 32,692 | 32,949 | 33,522 | 34,701 | 35,190 |
| Change (%) | -2.23% | -1.39% | -0.78% | - | +1.74% | +5.32% | +6.80% |
| Change | -736 | -459 | -257 | - | +573 | +1,752 | +2,241 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 31,409 | 31,703 | 32,151 | 32,445 | 32,893 | 33,187 | 33,635 |
| Camarilla | 32,396 | 32,464 | 32,532 | 32,600 | 32,668 | 32,736 | 32,804 |
| Woodie | 31,487 | 31,742 | 32,229 | 32,484 | 32,971 | 33,226 | 33,713 |
| Fibonacci | 31,703 | 31,986 | 32,161 | 32,445 | 32,728 | 32,903 | 33,187 |
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): | 73.00 | |
| MACD (12,26,9): | 86.0000 | |
| Directional Movement: | 22 | |
| AROON (14): | 72 | |
| DEMA (21): | 32,919 | |
| Parabolic SAR (0,02-0,02-0,2): | 32,857 | |
| Elder Ray (13): | 90 | |
| Super Trend (3,10): | 32,780 | |
| Zig ZAG (10): | 32,942 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 96.00 | |
| TEMA (21): | 32,965 | |
| Williams %R (14): | -8.00 | |
| Chande Momentum Oscillator (20): | 285 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.00 |
| MA7: | 31,966 | |
| MA20: | 32,270 | |
| MA50: | 33,542 | |
| MA100: | 33,929 | |
| MAexp7: | 32,924 | |
| MAexp20: | 32,817 | |
| MAexp50: | 32,706 | |
| MAexp100: | 32,594 | |
| Price / MA7: | +3.08% | |
| Price / MA20: | +2.10% | |
| Price / MA50: | -1.77% | |
| Price / MA100: | -2.89% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.40% | |
| Price / MAexp50: | +0.74% | |
| Price / MAexp100: | +1.09% |
Quotes :
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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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