MYM trending down...
Updated
Trend is down. So a short is indicated. Indicators are again in trending down situation... we'll see!
The MYM , existing less than a year, has no support nor resistance below its actual low.
So the MYM downside target has been placed at an approximative equivalent of a Resistance noted downside in the YM! that is existing since many years.
The MYM , existing less than a year, has no support nor resistance below its actual low.
So the MYM downside target has been placed at an approximative equivalent of a Resistance noted downside in the YM! that is existing since many years.
Note
A Stop loss has been placed at 20721 just above the High of the Heikin-Ashi candle of March 19th.Note : This Future contract MYMH2020 (March expiration) has been rollover to MYMM2020 (June expiration).
Wyn-Trader
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