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MYM1!

Will Dow Jones repeat itself? | Bullish Action Idea for 1/3While conducting my evening analysis, I noticed that the last time price reached 42,510, it pumped over 1,000 ticks during the morning open. This occurred on Friday, December 20th. Looking at the current hourly chart, price action seems to be forming a similar concept. This leads me to believe we should touch 42,510 by morning open and then push toward buy-side liquidity around 43,097 and beyond. If this plays out as anticipated, I’m aiming to secure around 600 ticks. We do have PMI at 9, so hopefully its high impact will drive us further through buy-side. Trying to get better at predicting bullish price action, so lets hope this plays out. Let's collect these ticks!
CBOT_MINI:MYMH2025Long
by GeneralJWS
11
Dow Jones Bearish Price Action Gameplan for 12/16High-impact news should bring significant volume on Monday. Based on this, I anticipate a strong buy from 5:00 AM to 8:30 AM CST, potentially pushing price back up to FOMC Support before resuming its bearish trend toward 43,575 —a move worth approximately 358 ticks. If the market grants me my desired volume, I may be tempted to surf a few concepts; however, after Friday's successful hold, I’m leaning toward placing my sell position and holding it for the remainder of the session. I anticipate price selling down to 43,300 by Wednesday FOMC, as this level aligns with the overall bullish trend we're currently in. Dow Jones often respects structures and trends, so I’m banking on it continuing to do so. My only concern is that the election candle drove the trend higher than the original bull trend, so we may or may not reach my anticipated target. @Dow_Jones_Maestro posted a perfect example of this, check out his idea linked below: Let’s lock in and collect those ticks!
CBOT_MINI:MYM1!Short
by GeneralJWS
9
MYM1! Bearish Price Action for 12/13This week has been nothing short of spectacular. I’ve always enjoyed bearish weeks, likely because I developed my strategy during similar conditions. Price action has been remarkably consistent throughout the week, and I anticipate a strong buy around 7:00 AM CST, targeting the 44,105 area before retracing into an overall bearish trend for the day post market open. I plan to place and hold my sell position once price buys to the 44,105 area at market open. If price action doesn’t reach my "End of Day" target at 43,702 , I expect it will gradually sell down to the Sellside Liquidity zone around 43,821 before market close. With no high-impact news scheduled, I feel more confident holding this trade throughout the day rather than concept surfing. Lets finish out the week strong guys!
CBOT_MINI:MYM1!Short
by GeneralJWS
4
MYM1! Bearish Price Action for 12/9Here’s my plan for tomorrow’s price action: I trade based on key indicators at the 8:30 CST Open. If the market sells, my target range is 200-300 ticks. However, I try to avoid being too greedy and will likely secure profits around the low 200s, depending on market volatility. One of the many reasons I love trading the Dow Jones is its respect for structure—price tends to honor key trendlines, as seen on the 2H chart. This week, I anticipate strong bearish action, similar to last week. Once we hit the target area around 43,500, we could see a shift back into Buys. Only time will tell. Let’s stay sharp and collect those ticks!
CBOT_MINI:MYM1!Short
by GeneralJWS
2
MYM1! Bullish Price Action for 10/31 This week’s overall trend for CBOT_MINI:MYM1! appears bearish, but during the NY session, we’re seeing strong bullish moves, often exceeding 200+ ticks. Given this pattern and the respected supply zone, I anticipate similar price action tomorrow (10/31). I plan to enter at the 8:30 CST open, aiming for a 250-tick gain, and then sell as price reaches the supply area for a target of 280 ticks. This is my first posted idea, so let’s hope it plays out as expected. Let’s collect those ticks!
CBOT_MINI:MYM1!Long
by GeneralJWS
5
Market is on its Upper Band - Its 2nd Camel HumpAll the major markets are testing their upper band channels since their first major hump in the 90s. The Russell 2000 has reached its second hump and is on the way down. Though the Russell 2000 is the least known among the four indices, it serves as a leading indicator for the other three. Why? The Russell 2000 comprises 2000 mid-sized listed companies, which I believe employ the largest workforce in the United States. This means their employees are also the mass consumers who use or buy products and services listed on the Nasdaq, S&P, and Dow Jones. When the Russell 2000 is not doing well, mass consumers tend to spend less, and the rest of the indices subsequently follow. Micro E-mini Futures & Options Ticker: MYM Minimum fluctuation: Outright: 1.0 index points = $0.50 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
TVC:RUTShort
by konhow
10
Is this rally a bear trap or a resuming bull? This is what we will be discussing today, and we are going to study both its technical and fundamental reasons and subsequently to derive why it is a bear trap? Or could it be a new bull in the making? I hope this tutorial will be helpful, in enabling you to read into the market with greater clarity. I have started a trading series, purpose for trading into longevity. Last week was on Buy Strategy, today on Sell Strategy. These strategies shared, they all can be applied to most markets and in different time frames. Content: a) The sell strategy – applicable to both: · Long-term – Fundamental & Technical · Short-term – Fundamental & Technical b) Bull or Bear? Some important dates: 14 Dec 21 - Fed: "Inflation no longer transitory" 10 Nov 22 – Oct CPI @ 7.7%, below expectation of 8.2% Micro E-mini Dow Jones Futures Minimum fluctuation 1 index point = $0.50 10 = $5 100 = $50 Of course if you need something more sizable, there is the E-mini Dow Jones Futures. You can refer to the links below, you will find some of my past video tutorials, on how I time the different markets. As time passes, you will see how nicely most markets trend along our analysis then. Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CBOT_MINI:MYM1!Short
by konhow
8
2 Steps in Drawing a Downtrend Channel A buying strategy in a downtrend. How to identify buying opportunity in a downtrend? Not my preference to buy in a downtrend, but that does not mean we should avoid it when buying opportunity arises. Recognizing it is a downtrend, we keep our buy position short-term; as we are going against the trend. Discussion: Rules in constructing a downtrend parallel trendline Rule 1 – First the downtrend line Rule 2 – Then, its parallel Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CBOT_MINI:MYM1!Education
by konhow
39