Londinia Opportunities Analyses - 05/03/2024 (GMT) 30Y TBOND FULL0924 - 1H
-
USD
(-)
-
10 min delayed data - CBOT Futures
| Type: | Futures |
| Ticker: | ZBXXXX |
| ISIN: | ZBXXXX |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 115.17014 USD
My targets
118.12106 USD (+1.86%)
120.45194 USD (+3.87%)
My analysis
The bullish trend is currently very strong on 30Y TBOND FULL0624. As long as the price remains above the support at 115.17014 USD, you could try to benefit from the boom. The first bullish objective is located at 118.12106 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 120.45194 USD as an objective. Crossing it would then enable buyers to target 125.88349 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
8.8
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.
Additional analysis
Quotes
30Y TBOND FULL0624 rating 115.96875 USD. On the day, this instrument gained +0.73% and was traded between 114.78125 USD and 116.56250 USD over the period. The price is currently at +1.03% from its lowest and -0.51% from its highest.114.78125
116.56250
115.96875
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of 30Y TBOND FULL0624 indicates that the overall trend is strongly bullish. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 114.06250 | 114.80625 | 115.17014 | 115.96875 | 118.12106 | 120.45194 | 125.88349 |
| Change (%) | -1.64% | -1.00% | -0.69% | - | +1.86% | +3.87% | +8.55% |
| Change | -1.90625 | -1.16250 | -0.79861 | - | +2.15231 | +4.48319 | +9.91474 |
| Level | Major | Major | Intermediate | - | Intermediate | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 113.31250 | 113.68750 | 114.40625 | 114.78125 | 115.50000 | 115.87500 | 116.59375 |
| Camarilla | 114.82422 | 114.92448 | 115.02474 | 115.12500 | 115.22526 | 115.32552 | 115.42578 |
| Woodie | 113.48438 | 113.77344 | 114.57813 | 114.86719 | 115.67188 | 115.96094 | 116.76563 |
| Fibonacci | 113.68750 | 114.10531 | 114.36344 | 114.78125 | 115.19906 | 115.45719 | 115.87500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 110.42708 | 111.63542 | 112.73958 | 113.94792 | 115.05208 | 116.26042 | 117.36458 |
| Camarilla | 113.20781 | 113.41979 | 113.63177 | 113.84375 | 114.05573 | 114.26771 | 114.47969 |
| Woodie | 110.37500 | 111.60938 | 112.68750 | 113.92188 | 115.00000 | 116.23438 | 117.31250 |
| Fibonacci | 111.63542 | 112.51879 | 113.06454 | 113.94792 | 114.83129 | 115.37704 | 116.26042 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.34375 | 109.59375 | 112.31250 | 115.56250 | 118.28125 | 121.53125 | 124.25000 |
| Camarilla | 113.38984 | 113.93698 | 114.48412 | 115.03125 | 115.57839 | 116.12552 | 116.67266 |
| Woodie | 106.07813 | 109.46094 | 112.04688 | 115.42969 | 118.01563 | 121.39844 | 123.98438 |
| Fibonacci | 109.59375 | 111.87381 | 113.28244 | 115.56250 | 117.84256 | 119.25119 | 121.53125 |
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): | 66.41 | |
| MACD (12,26,9): | 0.2948 | |
| Directional Movement: | 19.52838 | |
| AROON (14): | 35.71429 | |
| DEMA (21): | 115.82493 | |
| Parabolic SAR (0,02-0,02-0,2): | 115.71875 | |
| Elder Ray (13): | 0.27562 | |
| Super Trend (3,10): | 115.02681 | |
| Zig ZAG (10): | 115.87500 | |
| VORTEX (21): | 1.1899 | |
| Stochastique (14,3,5): | 61.40 | |
| TEMA (21): | 115.93922 | |
| Williams %R (14): | -38.60 | |
| Chande Momentum Oscillator (20): | 0.93750 | |
| Repulse (5,40,3): | 0.0321 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0308 | |
| Courbe Coppock: | 1.39 |
| MA7: | 114.51339 | |
| MA20: | 114.93594 | |
| MA50: | 117.63625 | |
| MA100: | 119.55688 | |
| MAexp7: | 115.77515 | |
| MAexp20: | 115.45624 | |
| MAexp50: | 115.04288 | |
| MAexp100: | 114.73231 | |
| Price / MA7: | +1.27% | |
| Price / MA20: | +0.90% | |
| Price / MA50: | -1.42% | |
| Price / MA100: | -3.00% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | +0.80% | |
| Price / MAexp100: | +1.08% |
Quotes :
-
10 min delayed data
-
Futures CBOT