DOW JONES - MINI DJ30 FULL0325 - 1H - Technical analysis published on 11/11/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
0%
50%
My opinion
Bullish above 43,859 USD
My targets
45,030 USD (+1.89%)
45,920 USD (+3.90%)
My analysis
The bullish trend is currently very strong on DOW JONES - MINI DJ30 FULL1224. As long as the price remains above the support at 43,859 USD, you could try to benefit from the boom. The first bullish objective is located at 45,030 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 45,920 USD as an objective. Crossing it would then enable buyers to target 47,539 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.7
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This analysis was given by winewa8300. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOW JONES - MINI DJ30 FULL1224 rating 44,194 USD. On the day, this instrument gained +0.12% with the lowest point at 44,142 USD and the highest point at 44,201 USD. The deviation from the price is +0.12% for the low point and -0.02% for the high point.44,142
44,201
44,194
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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOW JONES - MINI DJ30 FULL1224:
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
Technical
Technical analysis of this 1H chart of DOW JONES - MINI DJ30 FULL1224 indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 42,497 | 43,518 | 43,859 | 44,194 |
| Change (%) | -3.84% | -1.53% | -0.76% | - |
| Change | -1,697 | -676 | -335 | - |
| Level | Minor | Minor | Intermediate | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43,451 | 43,652 | 43,897 | 44,098 | 44,343 | 44,544 | 44,789 |
| Camarilla | 44,018 | 44,059 | 44,100 | 44,141 | 44,182 | 44,223 | 44,264 |
| Woodie | 43,472 | 43,663 | 43,918 | 44,109 | 44,364 | 44,555 | 44,810 |
| Fibonacci | 43,652 | 43,823 | 43,928 | 44,098 | 44,269 | 44,374 | 44,544 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40,012 | 40,902 | 42,521 | 43,411 | 45,030 | 45,920 | 47,539 |
| Camarilla | 43,451 | 43,681 | 43,911 | 44,141 | 44,371 | 44,601 | 44,831 |
| Woodie | 40,378 | 41,084 | 42,887 | 43,593 | 45,396 | 46,102 | 47,905 |
| Fibonacci | 40,902 | 41,860 | 42,452 | 43,411 | 44,369 | 44,961 | 45,920 |
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): | 67.00 | |
| MACD (12,26,9): | 69.0000 | |
| Directional Movement: | 20 | |
| AROON (14): | 29 | |
| DEMA (21): | 44,205 | |
| Parabolic SAR (0,02-0,02-0,2): | 44,163 | |
| Elder Ray (13): | 39 | |
| Super Trend (3,10): | 44,033 | |
| Zig ZAG (10): | 44,192 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 60.00 | |
| TEMA (21): | 44,197 | |
| Williams %R (14): | -49.00 | |
| Chande Momentum Oscillator (20): | 53 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.00 |
| MA7: | 43,242 | |
| MA20: | 42,972 | |
| MA50: | 42,485 | |
| MA100: | 41,612 | |
| MAexp7: | 44,178 | |
| MAexp20: | 44,112 | |
| MAexp50: | 43,923 | |
| MAexp100: | 43,556 | |
| Price / MA7: | +2.20% | |
| Price / MA20: | +2.84% | |
| Price / MA50: | +4.02% | |
| Price / MA100: | +6.20% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.62% | |
| Price / MAexp100: | +1.46% |
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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