MICRO E-MINI DJ30 FULL0625
MICRO E-MINI DJ30 FULL0625
- 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 FULL0625 - 1H - Technical analysis published on 11/18/2024 (GMT)

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  • 11/18/2024 - 15:01
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  • Timeframe : 1H
  • - Analysis generated on 11/18/2024 - 15:01
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 43,801 USD
My targets
43,155 USD (-0.82%)
42,417 USD (-2.52%)
My analysis
The bearish basic trend is very strong on MICRO E-MINI DJ30 FULL1224 but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 43,801 USD. Crossing the first support at 43,155 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 42,417 USD as an objective. Crossing it would then enable sellers to target 41,924 USD. Caution, a return to above the resistance located at 43,801 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
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.

This analysis was given by winewa8300. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

MICRO E-MINI DJ30 FULL1224 rating 43,512 USD. The price registered a decrease of -0.13% on the session and was traded between 43,398 USD and 43,621 USD over the period. The price is currently at +0.26% from its lowest and -0.25% from its highest.

43,398
43,621
43,512

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MICRO E-MINI DJ30 FULL1224:
Created with Raphaël 2.3.0-100102030January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

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 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. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 41,453 41,924 42,417 43,512 43,518 43,801 44,020
Change (%) -4.73% -3.65% -2.52% - +0.01% +0.66% +1.17%
Change -2,059 -1,588 -1,095 - +6 +289 +508
Level Major Intermediate Minor - 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
Standard42,96443,22143,39443,65143,82444,08144,254
Camarilla43,45043,48943,52943,56843,60743,64743,686
Woodie42,92343,20043,35343,63043,78344,06044,213
Fibonacci43,22143,38543,48643,65143,81543,91644,081


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard42,00642,74143,15543,89044,30445,03945,453
Camarilla43,25243,35743,46343,56843,67343,77943,884
Woodie41,84542,66142,99443,81044,14344,95945,292
Fibonacci42,74143,18043,45143,89044,32944,60045,039


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39,82040,84641,52842,55443,23644,26244,944
Camarilla41,73941,89642,05242,20942,36642,52242,679
Woodie39,64740,76041,35542,46843,06344,17644,771
Fibonacci40,84641,49941,90242,55443,20743,61044,262

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
Created with Raphaël 2.3.0Buy7
Moving averages
Created with Raphaël 2.3.0Sell25

RSI (14): 43.00
MACD (12,26,9): -59.0000
Directional Movement: -12
AROON (14): -72
DEMA (21): 43,466
Parabolic SAR (0,02-0,02-0,2): 43,398
Elder Ray (13): 8
Super Trend (3,10): 43,661
Zig ZAG (10): 43,512
VORTEX (21): 1.0000
Stochastique (14,3,5): 53.00
TEMA (21): 43,486
Williams %R (14): -33.00
Chande Momentum Oscillator (20): -58
Repulse (5,40,3): 0.0000
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.00
MA7: 43,963
MA20: 43,116
MA50: 42,750
MA100: 41,811
MAexp7: 43,504
MAexp20: 43,554
MAexp50: 43,691
MAexp100: 43,786
Price / MA7: -1.03%
Price / MA20: +0.92%
Price / MA50: +1.78%
Price / MA100: +4.07%
Price / MAexp7: +0.02%
Price / MAexp20: -0.10%
Price / MAexp50: -0.41%
Price / MAexp100: -0.63%

Quotes : 11/18/2024 - 14:51 - 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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