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YM1!

YM! Potential Bullish MomentumPrice is near to the buy entry level of 34174 which also lines up with the 38.2% Fibonacci retracement. It can potentially rise up to the take profit level of 34960 in line with previous swing high. Our bullish bias is supported by how price is expected to bounce off the support of the RSI indicator. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
CBOT_MINI:YM1!Long
by Rockqet
US30USD YM1! DOW 2022 APR 11 Week US30USD YM1! DOW 2022 APR 11 Week With weakness shown by Supply>Demand and followed by a UT, market will likely head lower should intermediate support 34220 becomes resistance, then we should look to short on retracement. Play scenarios: 1) Rotational play between 34220 - 35330 2) Breakdown of 34220 and this becomes resistance, market may test 33433 and 32200 region. 3) Test of breakout area 33433 and supported = long opportunity. Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34945 34367 34220 33427 32492 32167 Weekly: UT bar followed by down bar = weakness confirmed. Daily: Average vol up bar closing off high = weakness H4: UHV up bar closing off high followed by down bar = weakness Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! DOW 2022 APR 04 Week US30USD YM1! DOW 2022 APR 04 Week Market encountered weakness and attempt for higher prices were rejected. The week ended with minor support on Friday's low. Play scenarios: 1) Rotational play between 34220 - 35330 2) Test of 34220 and supported = long opportunity 3) If 34220 is broken and resisted = short opportunity 4) Test of breakout area 33433 and supported = long opportunity. Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34945 34367 34220 33427 32492 32167 Weekly: Low vol upthrust bar closing below middle = potential weakness. (if next bar closes lower, weakness is confirmed) Daily: Average vol up bar closing above middle = strength. H4: UHV down bar followed by high volume up bar closing off high. Some support but supply still present.= minor strength Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! DOW 2022 MAR 28 Week US30USD YM1! DOW 2022 MAR 28 Week 34034 support held, and market went into rotation between 34220 - 34800. Looks like market may be building a bullish cause so that it can return into the upward channel. Play scenarios: 1) Rotational play between 34220 - 34800 2) Breakout long play if confluence of 34800 + return into channel is supported. 3) Test of 3343 play - breakdown and resisted at 34220 bottom of rotation and market may test 33433 Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34800 34367 34220 33427 32492 32167 Weekly: Low vol up bar closing off high = No demand weakness Daily: Low vol up bar closing off high, narrower spread bar on same effort = weakness H4: Ultra high vol upthrust bar closing below rotational resistance 22800, followed by up bar = some strength. Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
US30❕ ( DOW JONES 3H Analysis ) - Bullish Continuation 🔔🔔🔔Hello Traders! Dow Jones index for 3H Analysis show us some Price range between two white rectangle, and that what will the price continue on it until break the resistance area. The Price will going to make a pull back and that's mean is the perfect time to buy at the previous resistance level (Current Support) presented by the lower black rectangle between $34080 - $34180. On the weekly time frame we have a previous bullish engulfing candle, in this week also the candle show us that is the buyers still in control that what assures us of a bullish continuation for US30 next week. -------------------------------------------------------- Trade Idea for US30 ( Dow Jones ) : - Wait for a pullback movement at the Black support rectangle then buy - TP1 AT $34870 - TP2 AT $35445 NB: The probability of what I analyzing, is to be true unless the opposite is proven Feel free dear trader to share with me your opinion, and also your analysis & Follow me for more analysis and also keep watching Have a nice trading
ULong
by UnknownUnicorn9508632
2
US30USD YM1! DOW 2022 MAR 21 Week US30USD YM1! DOW 2022 MAR 21 Week If 34034 support holds, look for long on retracement Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34968 34367 34034 33427 32492 32167 Weekly: Average volume Up bar closing near high = strength Daily: Low volume up bar closing near high = weakness H4: Average volume up bar closing at high = strength Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
Dow Jones: Just a Little Bit More 🤏Dow Jones is pressing further and further upwards and has nearly reached the resistance at 34205 points. Once the index has crossed this line, we expect it to gradually continue its ascent above the next marks at 35521 and 36446 points, which should each affirm the upwards movement. There remains a 35% chance, though, that Dow Jones could drop below 32167 points and into the magenta zone between 31292 and 29978 points first before endeavoring to rise up again.
CBOT_MINI:YM1!Long
by MarketIntel
1
US30USD YM1! DOW 2022 MAR 14 Week US30USD YM1! DOW 2022 MAR 14 Week With the break of 33087, market may next test of 32167-32427. Preference will be to short on retracement with target to this level. Breach of this level will see test of lower levels. Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34968 34367 34034 33427 32492 32167 Weekly: Average volume down bar closing off low = some demand. Daily: Low volume down bar closing at low = weakness Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
Dow Jones: SeesawDow Jones is currently see-sawing between the resistance at 34205 points and the support at 32167 points and seems hesitant to move forward too fast. We expect the index to move, though, namely upwards. As soon as it has effectively crossed the resistance at 34205 points, it should continue to rise above the next one at 35521 points and still further above 36446 points. However, to assert this scenario, Dow Jones must not fall below the support at 32167 points, otherwise our alternative scenario with a probability of 40% would commence. In that case, the index should make a detour through the magenta zone between 31292 and 29978 points before climbing up again.
CBOT_MINI:YM1!Long
by MarketIntel
US30USD YM1! DOW 2022 MAR 07 Week YM1! US30USD YM1! DOW 2022 MAR 07 Week Last week, long from test area1 at 32672 and short from 34034 worked. Market is in a rotation between 34034 and 33087 As such, preference to short at resistance and long at support is preferred, until any decisive directionis shown by the market. Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34968 34367 34034 33230 32672 32167 Weekly: Average volume down bar closing in middle = undecisive Daily: Average volume down bar closing off high = strength Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! DOW 2022 FEB 28 Week US30USD YM1! DOW 2022 FEB 28 Week Last week's short from 34367, and late week long on support was highly profitable. With price pushing up on very high volume, there's a possibility of price returning to test these high volume area, scenarios will be: 1) Long if test area 1 is supported 2) Long if test area 2 is supported 3) Not forgetting the trend channel showing overbought, there may be an opportunity to short if price shows rejection at 34367 / 34034 Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34968 34367 34034 33230 32672 32167 Weekly: High volume wide spread up bar closing off high = weakness Daily: Very high volume up bar driving demand to close above 33031 followed by average volume up bar closing near high = strength H4: High volume down bar closing off high = demand present. Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677