YM (March 2025) - Pay Close Attention To Dow Jones
When comparing the three pairs; YM, NQ and ES, it is evident that the weekly lows has still not been made, indicating the weakness bears have to push price lower.
The mean threshold of the 6th Jan 2025 has been respected, indicating the potential for a short term retracement on the lower time frames back up into 43409 - 43024 weekly previous bullish order block.
The most important days to study is Sunday to Wednesday.
The mean threshold of the 6th Jan 2025 has been respected, indicating the potential for a short term retracement on the lower time frames back up into 43409 - 43024 weekly previous bullish order block.
The most important days to study is Sunday to Wednesday.
Trade closed: stop reached
Mid-week analysis.
We have seen continuation to the downside with little to no movement to the upside
Sitting on my hands for the remainder of the week however, I would like to study the most recent SIBI that has been formed this week @ 42,128 - 42,208
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.