MICRO E-MINI DJ30 FULL0625 - 1H - Technical analysis published on 11/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
MICRO E-MINI DJ30 FULL0625 Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
39%
44%
My opinion
Bearish under 43,801 USD
My targets
43,155 USD (-0.86%)
42,417 USD (-2.56%)
My analysis
MICRO E-MINI DJ30 FULL1224 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 43,801 USD. The next support located at 43,155 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 42,417 USD. Below this support, sellers could then target 41,924 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 confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.8
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This analysis was given by winewa8300.
Additional analysis
Quotes
The MICRO E-MINI DJ30 FULL1224 rating is 43,531 USD. The price registered a decrease of -0.09% on the session and was between 43,515 USD and 43,621 USD. This implies that the price is at +0.04% from its lowest and at -0.21% from its highest.43,515
43,621
43,531
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this MICRO E-MINI DJ30 FULL1224 chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 41,924 | 42,417 | 43,518 | 43,531 | 43,801 | 44,020 | 44,441 |
| Change (%) | -3.69% | -2.56% | -0.03% | - | +0.62% | +1.12% | +2.09% |
| Change | -1,607 | -1,114 | -13 | - | +270 | +489 | +910 |
| Level | Intermediate | Minor | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42,964 | 43,221 | 43,394 | 43,651 | 43,824 | 44,081 | 44,254 |
| Camarilla | 43,450 | 43,489 | 43,529 | 43,568 | 43,607 | 43,647 | 43,686 |
| Woodie | 42,923 | 43,200 | 43,353 | 43,630 | 43,783 | 44,060 | 44,213 |
| Fibonacci | 43,221 | 43,385 | 43,486 | 43,651 | 43,815 | 43,916 | 44,081 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42,006 | 42,741 | 43,155 | 43,890 | 44,304 | 45,039 | 45,453 |
| Camarilla | 43,252 | 43,357 | 43,463 | 43,568 | 43,673 | 43,779 | 43,884 |
| Woodie | 41,845 | 42,661 | 42,994 | 43,810 | 44,143 | 44,959 | 45,292 |
| Fibonacci | 42,741 | 43,180 | 43,451 | 43,890 | 44,329 | 44,600 | 45,039 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39,820 | 40,846 | 41,528 | 42,554 | 43,236 | 44,262 | 44,944 |
| Camarilla | 41,739 | 41,896 | 42,052 | 42,209 | 42,366 | 42,522 | 42,679 |
| Woodie | 39,647 | 40,760 | 41,355 | 42,468 | 43,063 | 44,176 | 44,771 |
| Fibonacci | 40,846 | 41,499 | 41,902 | 42,554 | 43,207 | 43,610 | 44,262 |
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): | 37.00 | |
| MACD (12,26,9): | -62.0000 | |
| Directional Movement: | -13 | |
| AROON (14): | -7 | |
| DEMA (21): | 43,525 | |
| Parabolic SAR (0,02-0,02-0,2): | 43,614 | |
| Elder Ray (13): | -11 | |
| Super Trend (3,10): | 43,763 | |
| Zig ZAG (10): | 43,555 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 52.00 | |
| TEMA (21): | 43,543 | |
| Williams %R (14): | -57.00 | |
| Chande Momentum Oscillator (20): | 21 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.00 |
| MA7: | 43,969 | |
| MA20: | 43,117 | |
| MA50: | 42,751 | |
| MA100: | 41,811 | |
| MAexp7: | 43,575 | |
| MAexp20: | 43,617 | |
| MAexp50: | 43,758 | |
| MAexp100: | 43,833 | |
| Price / MA7: | -1.00% | |
| Price / MA20: | +0.96% | |
| Price / MA50: | +1.82% | |
| Price / MA100: | +4.11% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.52% | |
| Price / MAexp100: | -0.69% |
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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