MINI DJ30 FULL0624 (NO GLOBEX) - 15 min. - Technical analysis published on 09/26/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
0%
50%
My opinion
Bearish under 29,617.67 USD
My targets
29,355.33 USD (-0.48%)
29,052.67 USD (-1.50%)
My analysis
MINI DJ30 FULL1222 (NO GLOBEX) is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 29,617.67 USD. The next support located at 29,355.33 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 29,052.67 USD. Below this support, sellers could then target 28,790.33 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
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
4.5
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This analysis was given by rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MINI DJ30 FULL1222 (NO GLOBEX) rating is 29,496.00 USD. The price registered a decrease of -0.55% on the session with the lowest point at 29,480.00 USD and the highest point at 29,619.00 USD. The deviation from the price is +0.05% for the low point and -0.42% for the high point.29,480.00
29,619.00
29,496.00
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Technical
Technical analysis of this 15 min. chart of MINI DJ30 FULL1222 (NO GLOBEX) indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, only 9 technical indicators out of 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20,735.00 | 25,817.50 | 28,478.30 | 29,496.00 | 30,379.00 | 31,260.00 | 32,501.20 |
| Change (%) | -29.70% | -12.47% | -3.45% | - | +2.99% | +5.98% | +10.19% |
| Change | -8,761.00 | -3,678.50 | -1,017.70 | - | +883.00 | +1,764.00 | +3,005.20 |
| Level | Minor | Major | Major | - | Minor | Major | 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 | 28,790.33 | 29,052.67 | 29,355.33 | 29,617.67 | 29,920.33 | 30,182.67 | 30,485.33 |
| Camarilla | 29,502.63 | 29,554.42 | 29,606.21 | 29,658.00 | 29,709.79 | 29,761.58 | 29,813.38 |
| Woodie | 28,810.50 | 29,062.75 | 29,375.50 | 29,627.75 | 29,940.50 | 30,192.75 | 30,505.50 |
| Fibonacci | 29,052.67 | 29,268.50 | 29,401.84 | 29,617.67 | 29,833.50 | 29,966.84 | 30,182.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27,053.00 | 28,184.00 | 28,921.00 | 30,052.00 | 30,789.00 | 31,920.00 | 32,657.00 |
| Camarilla | 29,144.30 | 29,315.53 | 29,486.77 | 29,658.00 | 29,829.23 | 30,000.47 | 30,171.70 |
| Woodie | 26,856.00 | 28,085.50 | 28,724.00 | 29,953.50 | 30,592.00 | 31,821.50 | 32,460.00 |
| Fibonacci | 28,184.00 | 28,897.58 | 29,338.42 | 30,052.00 | 30,765.58 | 31,206.42 | 31,920.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27,540.00 | 29,422.00 | 30,565.00 | 32,447.00 | 33,590.00 | 35,472.00 | 36,615.00 |
| Camarilla | 30,876.13 | 31,153.42 | 31,430.71 | 31,708.00 | 31,985.29 | 32,262.58 | 32,539.88 |
| Woodie | 27,170.50 | 29,237.25 | 30,195.50 | 32,262.25 | 33,220.50 | 35,287.25 | 36,245.50 |
| Fibonacci | 29,422.00 | 30,577.55 | 31,291.45 | 32,447.00 | 33,602.55 | 34,316.45 | 35,472.00 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.99 | |
| MACD (12,26,9): | -59.0900 | |
| Directional Movement: | -11.41 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 29,484.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 29,432.88 | |
| Elder Ray (13): | -6.66 | |
| Super Trend (3,10): | 29,368.59 | |
| Zig ZAG (10): | 29,595.00 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 68.87 | |
| TEMA (21): | 29,569.48 | |
| Williams %R (14): | -25.95 | |
| Chande Momentum Oscillator (20): | 191.00 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.58 |
| MA7: | 30,374.86 | |
| MA20: | 31,194.30 | |
| MA50: | 32,206.48 | |
| MA100: | 31,905.91 | |
| MAexp7: | 29,578.99 | |
| MAexp20: | 29,591.52 | |
| MAexp50: | 29,812.17 | |
| MAexp100: | 30,125.54 | |
| Price / MA7: | -2.89% | |
| Price / MA20: | -5.44% | |
| Price / MA50: | -8.42% | |
| Price / MA100: | -7.55% | |
| Price / MAexp7: | -0.28% | |
| Price / MAexp20: | -0.32% | |
| Price / MAexp50: | -1.06% | |
| Price / MAexp100: | -2.09% |
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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