MICRO E-MINI DJ30 FULL1224 - 15 min. - Technical analysis published on 11/19/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
22%
11%
67%
My opinion
Bullish above 43,408 USD
My targets
43,663 USD (+0.18%)
43,785 USD (+0.46%)
My analysis
The bullish trend is currently very strong on MICRO E-MINI DJ30 FULL1224. As long as the price remains above the support at 43,408 USD, you could try to benefit from the boom. The first bullish objective is located at 43,663 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 43,785 USD as an objective. Crossing it would then enable buyers to target 43,918 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.4
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This analysis was given by winewa8300. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MICRO E-MINI DJ30 FULL1224 rating 43,585 USD. On the day, this instrument gained +0.10% and was between 43,479 USD and 43,623 USD. This implies that the price is at +0.24% from its lowest and at -0.09% from its highest.43,479
43,623
43,585
A study of price movements over other periods shows the following variations:
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
Technical analysis of this 15 min. chart of MICRO E-MINI DJ30 FULL1224 indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 4 are bullish, 12 are neutral and 2 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : 15 minutes
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 | 41,453 | 43,398 | 43,518 | 43,585 | 43,652 | 44,020 | 44,281 |
| Change (%) | -4.89% | -0.43% | -0.15% | - | +0.15% | +1.00% | +1.60% |
| Change | -2,132 | -187 | -67 | - | +67 | +435 | +696 |
| Level | Major | Intermediate | Intermediate | - | Minor | Major | Minor |
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 | 43,153 | 43,275 | 43,408 | 43,530 | 43,663 | 43,785 | 43,918 |
| Camarilla | 43,470 | 43,493 | 43,517 | 43,540 | 43,563 | 43,587 | 43,610 |
| Woodie | 43,158 | 43,278 | 43,413 | 43,533 | 43,668 | 43,788 | 43,923 |
| Fibonacci | 43,275 | 43,373 | 43,433 | 43,530 | 43,628 | 43,688 | 43,785 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.00 | |
| MACD (12,26,9): | 16.0000 | |
| Directional Movement: | 6 | |
| AROON (14): | 57 | |
| DEMA (21): | 43,597 | |
| Parabolic SAR (0,02-0,02-0,2): | 43,619 | |
| Elder Ray (13): | 2 | |
| Super Trend (3,10): | 43,555 | |
| Zig ZAG (10): | 43,588 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 59.00 | |
| TEMA (21): | 43,610 | |
| Williams %R (14): | -39.00 | |
| Chande Momentum Oscillator (20): | 49 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.00 |
| MA7: | 43,885 | |
| MA20: | 43,136 | |
| MA50: | 42,843 | |
| MA100: | 41,881 | |
| MAexp7: | 43,591 | |
| MAexp20: | 43,575 | |
| MAexp50: | 43,555 | |
| MAexp100: | 43,561 | |
| Price / MA7: | -0.68% | |
| Price / MA20: | +1.04% | |
| Price / MA50: | +1.73% | |
| Price / MA100: | +4.07% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.06% |
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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