Ym
YM big Long Trade hudge opportunityTarget 30 000 , after all time highs , big triangle break even double triangle..
Wait price breaks the High, then its only ride the trade.... Price retested support.
If price breaks first low, so setup invalid. Where it go first there it will go...
Dow Jones Bull Flagging?This could take off like a rocket, especially with the number of bears being as cocky as they are.
YM dow jones industrial index BIg BUYLife time trade.
Target 30000,40000,50000
Posible 10-30k pips profit!!!!
DJI correctionFollowing the wave count, at least a small correction should happen around these levels. We have had 5 waves up and a small ascending wedge broken, possibly starting the correction. First level to watch would be the support of the pennant, around 25500.
In case we break 26700, we are very likely to make a new all time high.
YM dow jones industrial average Sell trade YM Sell reason :
Breakout pullback continuation situation. YM came to resistance point, expectancy is big bull ,but first it must to come back to trendline.
Possible buy from trendline big time :-)
But first short now.
Good Luck!
Short Dow Jones on Daily With a convincing Pivot Stack in place the upside looks like a cap is in place for the near term price.
However, the price will need to confirm the weakness is definitive by breaking the swing low bullish Hammer candle of March 8th.
Go short at 25198 and place a stop loss at the top of the Pivot Stack at around 25869 with a profit target of 23893.
This makes for a good risk reward ratio trade.
Upward Continuation with Dow SetupThe Mini Dow Jones has a Pivot Stack in place that is supportive for a higher move.
The bias is to the upside as long as the Pivots hold support. If the price can break out of Friday's high, then a rally could ensue from there.
Dow - The three patterns for 2019This recent near touch of the wave ii high has held allowing for an immediate down in wave v to complete the larger IV.
The X pattern requires breaking that high and the completed pattern requires strength up through the 28k range directly (lower prob).
Anyways, they're the patterns and end of month is on tap. The levels are generally of value.
SPY & US Majors setup for a 5~8%+ downside rotationIf you follow my research, be prepared for an immediate downside rotation starting near March 5th ~ 11th that will likely result in a -5~8% downside price swing. This will NOT be the massive crash that so many other people are predicting. It will likely end as a momentum base setup near the -6% levels that I'm suggesting for the ES and YM. The NQ will likely rotate a bit further to the downside (possibly -8 to -12%).
If you have not already protected your long positions, DO IT NOW. Be prepared for a mild price rotation before the next momentum move begins near early April 2019.
Follow my work if you want to stay ahead of these markets.
Dow Jones: shares to head south after reaching November peak ? High risk:reward opportunity to try and pick a top to this epic rally
S&P 500: Looking for rally to rollover before 2630There is potential resistance at 2600, 2630 and the broken LT rising trendline where the multiple-day rally could end
Dow Jones: Broken trendline suggests drop to 23300The break of 24250 as key support opens up a drop toward February lows
spx crab pattern 255/252spx has possible crab pattern before a bounce comes throught
risk reward 268/252
268/256
Dow: Rising trendline & 24k = major supportThe Dow is at its lst chance to rebound from rising trendline and round number support
Otherwise another drop to the February lows is likely
Dow Jones Industrial tracking Oil and metals lower $YMDJIA is headed lower tracking investors rotation from stocks into 10yr T-bonds. I am seeing the index breaking down towards 22-21k.
Oil has already shed considerably and metals are trading lower too which effects Dow Jones Industrial sectors.
Technically we breached a weekly Insidebar to the downside and traded back which gives us an opportunity to get back into the downtrend on smaller timeframes.
Dow Mini (YM) short set up Level is found on the 30min chart at 26133-26053. Risking 80 ticks, target is 25800. RR is 3:1
The Strat YM/DJI Broadening formations on Daily/HourlyStill learning the strat from Rob Smith- check it out on T3 for a new way to look at price action.
Outside bars creating broadening triangles on the hourly and daily, as defined by the strat. Exhaustion at the top and back into the range. Below 25007 puts it into the daily outside bar range for journey down to below 24122.
Timeframe continuity up on the Monthly and weekly, price dropping below 25142 and 24818 would put them into sync for move down.
Can't help adding the pivots in! Monthly, weekly and daily pivot all aligned within a few points of each other at todays high 25400, the top of the broadening formation- what a coincidence.
Dow Jones Elliott Wave View: Correction CompletedHello Traders,
YM short-term Elliott wave view suggests that a bounce to 25845 high ended red wave “b”. Down from there, red wave “c” unfolded as ending diagonal structure i.e lesser degree cycles within black wave ((1)), ((3)) & ((5)) also unfolded in 3 swings structure. Where black wave ((1)) ended at 25220 low as zigzag structure. Up from there, a bounce to 25594 high ended black wave ((2)). Below from there, black wave ((3)) ended at 24515 low in another 3 swings.
Above from there, a bounce to 25075 high ended black wave ((4)) bounce. Then finally a decline to 24089 low ended black wave ((5)), which also completed cycle red wave “c” & blue wave (IV) pullback. Up from there, the index made a strong bounce higher & broke the pivot from 25845 thus suggests that the next leg higher in blue wave (V) could have started. Near-term, while dips remain above 24089 low the index is expected to resume the upside. But a break above 26962 10/03/2018 peak remains to be seen for final conviction of this bullish view & to avoid double correction lower in bluee wave (IV) pullback. We don’t like selling it.
YM ThursdayAs described yesterday, the buyers came in strong out of support areas at ~24100. Price broke through the 25000 level and created a new structure high by breaking the last highs as well. In the more immediate order flow price created a 1 to 1 to the upside reaching 25300. Price corrected strong and broke the immediate structure at ~25070. I am expecting price to correct a little more to the downside overall and a possible sell at a 1 to 1 completion - D-sell at ~25233.
YM Wednesday - Buyers are coming inPrice tried to trade lower to create a new structure low and to retest the support levels at ~24209 and futher down at ~23980. While waiting for yesterday's sell, I was expecting a rotation and a short-entry between the 50% and 61.8% Fib Correction. After the sellers came in around there to correct weak, buyers dominated and traded price higher creating immediate new structure highs. Looking at the harmonics, price extended a 1 to 1 target in the immediate order flow and traded above areas of good selling structure. The sellers did not show up and look weak compared to the buyers momentum right now. Let's see if price breaks through the last high and resistance levels at ~25000. Still flat for now.
YM Tuesday - Still looking for ShortsAfter an extended 1 to 1 completion (yesterday's short) we reached strong areas of support (blue lines - my weekly analysis) where the buyers need to show up. Since the last high that price made is not being taken out, I am still looking for shorts. Price is correcting right now. Unsure about the correction this time, but I am expecting it to happen between the 50 and 61.8 Fib Correction, also in line with price structure. Just look at structure to the left where the sellers have their territory to come in.
Check my higher time frame analysis as well.
*DISCLAIMER: Futures , stocks and options trading involves substantial risk of loss and is not suitable for every investor.
None of the content published on this account constitutes a recommendation for investing your money. Trading is at your own risk.
YM Monday - Looking for ShortsRight now we can see a nice harmonic correction. I am expecting a 1 to 1 completion to the upside of the previous immediate swing at orange rectangle area --- ~24969 and ~24986. Looking for a D-sell.
*DISCLAIMER: Futures , stocks and options trading involves substantial risk of loss and is not suitable for every investor.
None of the content published on this account constitutes a recommendation for investing your money. Trading is at your own risk.
