DOW JONES - MINI DJ30 FULL0624 - 15 min. - Technical analysis published on 05/26/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 32,940 USD
My targets
33,235 USD (+0.20%)
33,444 USD (+0.83%)
My analysis
The bullish trend is currently very strong on DOW JONES - MINI DJ30 FULL0623. As long as the price remains above the support at 32,940 USD, you could try to benefit from the boom. The first bullish objective is located at 33,235 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 33,444 USD as an objective. Crossing it would then enable buyers to target 33,731 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
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Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL0623 price is 33,168 USD. On the day, this instrument gained +1.10% and was between 32,724 USD and 33,202 USD. This implies that the price is at +1.36% from its lowest and at -0.10% from its highest.32,724
33,202
33,168
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 FULL0623:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this DOW JONES - MINI DJ30 FULL0623 chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
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 | 32,619 | 32,774 | 33,066 | 33,168 | 33,277 | 33,444 | 33,731 |
| Change (%) | -1.66% | -1.19% | -0.31% | - | +0.33% | +0.83% | +1.70% |
| Change | -549 | -394 | -102 | - | +109 | +276 | +563 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32,350 | 32,485 | 32,645 | 32,780 | 32,940 | 33,075 | 33,235 |
| Camarilla | 32,725 | 32,752 | 32,779 | 32,806 | 32,833 | 32,860 | 32,887 |
| Woodie | 32,364 | 32,491 | 32,659 | 32,786 | 32,954 | 33,081 | 33,249 |
| Fibonacci | 32,485 | 32,597 | 32,667 | 32,780 | 32,892 | 32,962 | 33,075 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32,409 | 32,721 | 33,108 | 33,420 | 33,807 | 34,119 | 34,506 |
| Camarilla | 33,304 | 33,368 | 33,432 | 33,496 | 33,560 | 33,624 | 33,688 |
| Woodie | 32,448 | 32,740 | 33,147 | 33,439 | 33,846 | 34,138 | 34,545 |
| Fibonacci | 32,721 | 32,988 | 33,153 | 33,420 | 33,687 | 33,852 | 34,119 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32,529 | 32,938 | 33,545 | 33,954 | 34,561 | 34,970 | 35,577 |
| Camarilla | 33,873 | 33,966 | 34,059 | 34,152 | 34,245 | 34,338 | 34,431 |
| Woodie | 32,628 | 32,988 | 33,644 | 34,004 | 34,660 | 35,020 | 35,676 |
| Fibonacci | 32,938 | 33,326 | 33,566 | 33,954 | 34,342 | 34,582 | 34,970 |
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): | 64.00 | |
| MACD (12,26,9): | 51.0000 | |
| Directional Movement: | 11 | |
| AROON (14): | 100 | |
| DEMA (21): | 33,150 | |
| Parabolic SAR (0,02-0,02-0,2): | 33,172 | |
| Elder Ray (13): | 50 | |
| Super Trend (3,10): | 33,010 | |
| Zig ZAG (10): | 33,154 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 79.00 | |
| TEMA (21): | 33,148 | |
| Williams %R (14): | -18.00 | |
| Chande Momentum Oscillator (20): | 67 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.00 |
| MA7: | 33,202 | |
| MA20: | 33,418 | |
| MA50: | 33,452 | |
| MA100: | 33,582 | |
| MAexp7: | 33,123 | |
| MAexp20: | 33,076 | |
| MAexp50: | 32,979 | |
| MAexp100: | 32,909 | |
| Price / MA7: | -0.10% | |
| Price / MA20: | -0.75% | |
| Price / MA50: | -0.85% | |
| Price / MA100: | -1.23% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.28% | |
| Price / MAexp50: | +0.57% | |
| Price / MAexp100: | +0.79% |
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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