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

DOW JONES - MINI DJ30 FULL0325 - Daily - Technical analysis published on 04/10/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
11%
67%
22%
My opinion
Bearish under 39,653 USD
My targets
36,795 USD (-4.99%)
36,052 USD (-6.90%)
My analysis
The current short-term bearish acceleration registered on DOW JONES - MINI DJ30 FULL0624 should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 39,653 USD. Short-term sellers will use the support located at 36,795 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 36,052 USD. Crossing this support would then open the door for sellers to target 33,274 USD. Caution, if there is a return to below 39,653 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
2.9

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

DOW JONES - MINI DJ30 FULL0624 rating 38,726 USD. On the day, this instrument lost -1.20% and was between 38,590 USD and 39,345 USD. This implies that the price is at +0.35% from its lowest and at -1.57% from its highest.

38,590
39,345
38,726

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of DOW JONES - MINI DJ30 FULL0624 in Daily shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily



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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Three black crows

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 36,052 36,795 38,537 38,726 39,653 40,200
Change (%) -6.90% -4.99% -0.49% - +2.39% +3.81%
Change -2,674 -1,931 -189 - +927 +1,474
Level Intermediate Major Major - Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard38,51038,69138,94439,12539,37839,55939,812
Camarilla39,07739,11639,15639,19639,23639,27639,315
Woodie38,54538,70938,97939,14339,41339,57739,847
Fibonacci38,69138,85738,96039,12539,29139,39439,559


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37,11137,98838,60539,48240,09940,97641,593
Camarilla38,81238,94939,08639,22339,36039,49739,634
Woodie36,98237,92338,47639,41739,97040,91141,464
Fibonacci37,98838,55838,91139,48240,05240,40540,976


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37,63438,27139,08339,72040,53241,16941,981
Camarilla39,49639,62839,76139,89440,02740,16040,292
Woodie37,72138,31539,17039,76440,61941,21342,068
Fibonacci38,27138,82539,16739,72040,27440,61641,169

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): 38.00
MACD (12,26,9): -66.0000
Directional Movement: -15
AROON (14): -50
DEMA (21): 39,377
Parabolic SAR (0,02-0,02-0,2): 40,040
Elder Ray (13): -378
Super Trend (3,10): 40,320
Zig ZAG (10): 38,726
VORTEX (21): 1.0000
Stochastique (14,3,5): 18.00
TEMA (21): 39,167
Williams %R (14): -92.00
Chande Momentum Oscillator (20): -1,142
Repulse (5,40,3): -2.0000
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 2.00
MA7: 39,181
MA20: 39,533
MA50: 39,348
MA100: 38,542
MAexp7: 39,188
MAexp20: 39,399
MAexp50: 39,178
MAexp100: 38,466
Price / MA7: -1.16%
Price / MA20: -2.04%
Price / MA50: -1.58%
Price / MA100: +0.48%
Price / MAexp7: -1.18%
Price / MAexp20: -1.71%
Price / MAexp50: -1.15%
Price / MAexp100: +0.68%

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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