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
72%
0%
28%
My opinion
Bullish above 43,859 USD
My targets
45,030 USD (+1.25%)
45,920 USD (+3.25%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOW JONES - MINI DJ30 FULL1224 as long as the price remains well above 43,859 USD. The buyers' bullish objective is set at 45,030 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 45,920 USD. If there is any crossing, the next objective would be the resistance located at 47,539 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.4
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This analysis was given by winewa8300. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL1224 price is 44,475 USD. The price registered an increase of +0.76% on the session and was traded between 44,142 USD and 44,625 USD over the period. The price is currently at +0.75% from its lowest and -0.34% from its highest.44,142
44,625
44,475
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOW JONES - MINI DJ30 FULL1224:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 42,497 | 43,518 | 43,859 | 44,475 |
| Change (%) | -4.45% | -2.15% | -1.39% | - |
| Change | -1,978 | -957 | -616 | - |
| 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 69.00 | |
| MACD (12,26,9): | 121.0000 | |
| Directional Movement: | 32 | |
| AROON (14): | 79 | |
| DEMA (21): | 44,464 | |
| Parabolic SAR (0,02-0,02-0,2): | 44,354 | |
| Elder Ray (13): | 107 | |
| Super Trend (3,10): | 44,290 | |
| Zig ZAG (10): | 44,495 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 75.00 | |
| TEMA (21): | 44,502 | |
| Williams %R (14): | -29.00 | |
| Chande Momentum Oscillator (20): | 319 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.00 |
| MA7: | 43,283 | |
| MA20: | 42,987 | |
| MA50: | 42,491 | |
| MA100: | 41,615 | |
| MAexp7: | 44,447 | |
| MAexp20: | 44,312 | |
| MAexp50: | 44,090 | |
| MAexp100: | 43,721 | |
| Price / MA7: | +2.75% | |
| Price / MA20: | +3.46% | |
| Price / MA50: | +4.67% | |
| Price / MA100: | +6.87% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.37% | |
| Price / MAexp50: | +0.87% | |
| Price / MAexp100: | +1.72% |
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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