Dow Jones E-mini ($5) (Globex) Daily Commodity Futures Price Chart: Sept. 2014 : CBOT

Dow Jones E-mini ($5) (Globex)
Futures Charts


Contract month:


Chart term:
Intraday
Daily
Weekly (Continuous)
Monthly (Continuous)
Historical

Chart format:
Bar chart
Candlestick
Bar (no indicators)
Java
Advanced chart
Dynamic intraday chart

Market insight:
News
Specifications
Analysis
Sentiment survey

Daily Commodity Futures Price Chart: Sept. 2014

Dow Jones E-mini ($5) (Globex) (CBOT)

TFC Commodity Charts


Chart Legend« To set chart options, use the handy form found to the left. «

Market data delayed 10 minutes as per exchange requirements.





Most Recent Headlines    [ Complete Futures News ]    Search News:
[ More DJIA News ]

Contract Specifications:YM,CBOT
Trading Unit: ($5.00) times the Dow Jones Industrial AverageSM Index.
Tick Size: One point ($5.00 per contract)
Quoted Units: DJIA index points
Initial Margin: $3,503   Maint Margin: $2,802
Contract Months: Mar, Jun, Sep, Dec
First Notice Day: Not applicable (cash settled contract)
Last Trading Day: The trading day preceding the third Friday of the contract month.
Trading Hours: 5:00 p.m. to 4:30 p.m. Central Time, Sunday Friday.
Trading in expiring contracts ceases at 3:15 p.m. Central Time on the last trading day
Daily Limit: Successive 10%, 20%, and 30% limits.

Analysis

Thu 7/24/14

Bollinger Bands Indicator:

Conventional Interpretation: The Bollinger Bands are indicating an oversold condition. An oversold reading occurs when the close is nearer to the bottom band than the top band.

Additional Analysis: The market is in oversold territory.

Mov Avg 3 lines Indicator:

Note: In evaluating the short term, plot1 represents the fast moving average, and plot2 is the slow moving average. For the longer term analysis, plot2 is the fast moving average and plot3 is the slow moving average

Conventional Interpretation - Short Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Short Term: Recently the market has been extremely bullish, however currently the market has lost a some of its bullishness due to the following: the fast moving average slope is down from the previous bar, price is below the fast moving average, price is below the slow moving average. Its possible that we may see a market pullback here. if so, the pullback might turn out to be a good buying opportunity.

Conventional Interpretation - Long Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Long Term: Recently the market has been extremely bullish, however currently the market has lost a some of its bullishness due to the following: price is below the fast moving average. Its possible that we may see a market pullback here. if so, the pullback might turn out to be a good buying opportunity.

Mov Avg-Exponential Indicator:

Conventional Interpretation: Price is above the moving average so the trend is up.

Additional Analysis: Market trend is UP.

RSI Indicator:

Conventional Interpretation: RSI is in neutral territory. (RSI is at 57.72). This indicator issues buy signals when the RSI line dips below the bottom line into the oversold zone; a sell signal is generated when the RSI rises above the top line into the overbought zone.

Additional Analysis: RSI is somewhat overbought (RSI is at 57.72). However, this by itself isn't a strong enough indication to signal a trade. Look for additional evidence before getting too bearish here.

Stochastic - Fast Indicator:

Conventional Interpretation: The SlowK line crossed below the SlowD line; this indicates a sell signal.

Additional Analysis: The long term trend is UP. The short term trend looks a little toppy. The fact that the last two bars of SlowK are down and we are trading in a very high area of the stochastic is a little bearish short term. A possible short term down move may occur.

Stochastic - Slow Indicator:

Conventional Interpretation: The SlowK line crossed below the SlowD line; this indicates a sell signal.

Additional Analysis: The long term trend is UP. The short term trend is UP. Even though the stochastic is signaling that the market is overbought, don't be fooled looking for a top here because of this indicator. The stochastic indicator is only good at picking tops in a Bear Market (in which we are not). Exit long position only if some other indicator tells you to.

Swing Index Indicator:

Conventional Interpretation: The swing index has crossed zero, identifying this bar as a short term pivot point.

Additional Analysis: No additional interpretation.

Volatility Indicator: Volatility is trending up based on a 9 bar moving average.

Volume Indicator:

Conventional Interpretation: No indications for volume.

Additional Analysis: The long term market trend, based on a 45 bar moving average, is UP. The short term market trend, based on a 5 bar moving average, is UP. Volume is trending lower. In general this is bearish.

ADX Indicator:

Conventional Interpretation: ADX measures the strength of the prevailing trend. A rising ADX indicates a strong underlying trend while a falling ADX suggests a weakening trend which is subject to reversal. Currently the ADX is falling.

Additional Analysis: The long term trend, based on a 45 bar moving average, is up. However, a falling ADX indicates that the current trend is weakening and may possibly reverse. Look for a choppy market ahead.

Comm Channel Index Indicator:

Conventional Interpretation: CCI (78.23) has crossed back into the neutral region, issuing a signal to liquidate long positions and return to the sidelines.

Additional Analysis: CCI often misses the early part of a new move because of the large amount of time spent out of the market in the neutral region. Initiating signals when CCI crosses zero, rather than waiting for CCI to cross out of the neutral region can often help overcome this. Given this interpretation, CCI (78.23) is currently long. The current long position position will be reversed when the CCI crosses below zero.

DMI Indicator:

Conventional Interpretation: DMI+ is less than DMI-, indicating a downward trending market. A signal is generated when DMI+ crosses DMI-.

Additional Analysis: DMI is in bearish territory.

MACD Indicator:

Conventional Interpretation: MACD has issued a bearish signal. A bearish signal is generated when the FastMA crosses below the SlowMA, as it has here.

Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 9 bar moving average, is UP. MACD has issued a bearish signal, suggesting a reversal of the current upward trend. However, MACD tends to be better at picking bottoms than tops. Look for evidenced weakness before establishing any bearish positions here.

Momentum Indicator:

Conventional Interpretation: Momentum (156.00) is above zero, indicating an overbought market.

Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 9 bar moving average, is UP. Momentum is in bullish territory.upside move is likely.

Open Interest Indicator: Open Interest is trending up based on a 9 bar moving average. This is normal as delivery approaches and indicates increased liquidity.

Rate of change Indicator:

Conventional Interpretation: Rate of Change (0.93) is above zero, indicating an overbought market.

Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 9 bar moving average, is UP. Rate of Change is in bullish territory.

Important: This commentary is designed solely as a training tool for the understanding of technical analysis of the financial markets. It is not designed to provide any investment or other professional advice.

Sponsor
Lt Crude 101.53
Nat Gas 3.783
Corn 366 4/8
Cotton #2 65.44
Gold 1294.6
Copper 3.2465
Euro 1.34350
USD Index 81.090
SP500 E-mini 1976.25
DJIA E-mini 16907
newsletter
close_icon
open_icon