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MICRO E-MINI DJ30 FULL0325
MICRO E-MINI DJ30 FULL0325
- USD (-)
- 10 min delayed data - CBOT E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: MYMXXXX
ISIN: MYMXXXX

MICRO E-MINI DJ30 FULL0325 - Daily - Technical analysis published on 07/05/2024 (GMT)

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Londinia
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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 38,423 USD
My targets
40,598 USD (+2.33%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MICRO E-MINI DJ30 FULL0924 as long as the price remains well above 38,423 USD. The buyers' bullish objective is set at 40,598 USD. A bullish break in this resistance would boost the bullish momentum.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5

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.

grmssaing84
This analysis was given by grmssaing84. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The MICRO E-MINI DJ30 FULL0924 price is 39,674 USD. On the day, this instrument gained +0.10% with the lowest point at 39,646 USD and the highest point at 39,693 USD. The deviation from the price is +0.07% for the low point and -0.05% for the high point.

39,646
39,693
39,674

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

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 Daily of this MICRO E-MINI DJ30 FULL0924 chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily



The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 35,356 37,231 38,423 39,674 40,040 40,598
Change (%) -10.88% -6.16% -3.15% - +0.92% +2.33%
Change -4,318 -2,443 -1,251 - +366 +924
Level Minor Major Major - 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
Standard39,44239,53239,60039,69039,75839,84839,916
Camarilla39,62539,63939,65439,66839,68239,69739,711
Woodie39,43139,52739,58939,68539,74739,84339,905
Fibonacci39,53239,59239,63039,69039,75039,78839,848


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard38,45438,86939,16939,58439,88440,29940,599
Camarilla39,27239,33839,40339,46939,53539,60039,666
Woodie38,39738,84039,11239,55539,82740,27040,542
Fibonacci38,86939,14239,31139,58439,85740,02640,299


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37,50538,10238,80639,40340,10740,70441,408
Camarilla39,15339,27239,39239,51139,63039,75039,869
Woodie37,56038,12938,86139,43040,16240,73141,463
Fibonacci38,10238,59938,90639,40339,90040,20740,704

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): 56.00
MACD (12,26,9): 70.0000
Directional Movement: 8
AROON (14): 36
DEMA (21): 39,588
Parabolic SAR (0,02-0,02-0,2): 39,125
Elder Ray (13): 112
Super Trend (3,10): 38,718
Zig ZAG (10): 39,676
VORTEX (21): 1.0000
Stochastique (14,3,5): 68.00
TEMA (21): 39,660
Williams %R (14): -39.00
Chande Momentum Oscillator (20): 454
Repulse (5,40,3): 0.0000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 2.00
MA7: 39,600
MA20: 39,440
MA50: 39,490
MA100: 39,534
MAexp7: 39,617
MAexp20: 39,515
MAexp50: 39,460
MAexp100: 39,267
Price / MA7: +0.19%
Price / MA20: +0.59%
Price / MA50: +0.47%
Price / MA100: +0.35%
Price / MAexp7: +0.14%
Price / MAexp20: +0.40%
Price / MAexp50: +0.54%
Price / MAexp100: +1.04%

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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