YM1! US30USD DOW 2023 APR 17 WEEK
YM1! YM1! US30USD DOW 2023 APR 17 WEEK
Previous long scenario2 at 32595 // 33590 worked well.
Potential weakness observed.
Market now is approx. 500pts away from 34605.
Possible scenarios:
1) Trade to be guided by channel
2) With weakness observed, wait to short at channel's
supply line or rejection at 35228 // or 34605 previous
rejection area
Volume Analysis:
Weekly: higher volume up bar close off high
= minor weakness
Daily: Higher vol mark up to close lower, and a close below
middle of bar = potential weakness
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35228 34605 33590
32595 31657
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Have a profitable week ahead.
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