DOW JONES - MINI DJ30 FULL1224 - 15 min. - Technical analysis published on 11/12/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
6%
56%
39%
My opinion
Bearish under 44,649 USD
My targets
44,166 USD (-0.46%)
43,912 USD (-1.03%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for DOW JONES - MINI DJ30 FULL1224 as long as the price remains well below 44,649 USD. The next bearish objective for sellers is set at 44,166 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 43,912 USD. In case of crossing, the next objective would be the support located at 43,683 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 44,166 USD. With this support, against the trend traders who want to buy DOW JONES - MINI DJ30 FULL1224 on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.3
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Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL1224 rating is 44,370 USD. The price registered a decrease of -0.16% on the session and was traded between 44,357 USD and 44,438 USD over the period. The price is currently at +0.03% from its lowest and -0.15% from its highest.44,357
44,438
44,370
A study of price movements over other periods shows the following variations:
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 15 min. chart of DOW JONES - MINI DJ30 FULL1224 indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 43,518 | 44,014 | 44,297 | 44,370 | 44,625 |
| Change (%) | -1.92% | -0.80% | -0.16% | - | +0.57% |
| Change | -852 | -356 | -73 | - | +255 |
| Level | Intermediate | Intermediate | 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 | 43,683 | 43,912 | 44,166 | 44,395 | 44,649 | 44,878 | 45,132 |
| Camarilla | 44,286 | 44,330 | 44,375 | 44,419 | 44,463 | 44,508 | 44,552 |
| Woodie | 43,695 | 43,918 | 44,178 | 44,401 | 44,661 | 44,884 | 45,144 |
| Fibonacci | 43,912 | 44,097 | 44,211 | 44,395 | 44,580 | 44,694 | 44,878 |
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): | 45.00 | |
| MACD (12,26,9): | -8.0000 | |
| Directional Movement: | -3 | |
| AROON (14): | -43 | |
| DEMA (21): | 44,397 | |
| Parabolic SAR (0,02-0,02-0,2): | 44,494 | |
| Elder Ray (13): | -8 | |
| Super Trend (3,10): | 44,462 | |
| Zig ZAG (10): | 44,391 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 38.00 | |
| TEMA (21): | 44,383 | |
| Williams %R (14): | -69.00 | |
| Chande Momentum Oscillator (20): | -9 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.00 |
| MA7: | 43,582 | |
| MA20: | 43,051 | |
| MA50: | 42,548 | |
| MA100: | 41,659 | |
| MAexp7: | 44,394 | |
| MAexp20: | 44,407 | |
| MAexp50: | 44,396 | |
| MAexp100: | 44,332 | |
| Price / MA7: | +1.81% | |
| Price / MA20: | +3.06% | |
| Price / MA50: | +4.28% | |
| Price / MA100: | +6.51% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | +0.09% |
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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