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YM1

US30USD YM1! DOW 2022 JUNE 27 Week US30USD YM1! DOW 2022 JUNE 27 Week Scenario2 channel & 29639 support provided long opportunity last week. Daily TF cautioned of possible trap for long. If Weekly TF reveral pattern is to exert influence, would prefer then a long on retracement when price finds support at lower levels. Possible scenarios: 1) Channel resistance + test of previous breakdown area - will short if resisted 2) test of 30683 / 30100 and if supported = long. Price reaction levels Short on Test and Reject | Long on Test and Accept 32563 31299 30999 30157 29639 26212 Weekly: Ave vol up bar close at high = minor strength (and reversal pattern) Daily: Low vol up bar close at high = Caution, may be trap for long H4: Ave vol up bar close off high = weakness Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
We can't go anywhere without the DOWI was a bullish hopeful at the start of the week...I was thinking we would fill the 4K gap on the ES and then just go. Instead we spent 4 days closing below this figure. Yes, we closed the week above it and kept the lagging span just above the cloud but we cannot go anywhere with the DOW and this chart says it all. Neckline is clearly broken. Now, I do think we could have a minor rally to end May with a possible green monthly candle. The charts are clearly broken and will have limited re-tracements IMO. The NQ & RTY are in bear markets, enough said there. Sell the rip....
CBOT_MINI:YM1!Short
by Vixtine
3
US30USD YM1! DOW 2022 JUNE 20 Week US30USD YM1! DOW 2022 JUNE 20 Week Last week shorts reigned. The week ended with demand coming in to support the market. We may see long opportunity near 29639 temporarily. Else, wait for price reaction to 29639. Possible scenarios considered are: 1) 29639 support fail for short continuation 2) Channel and 29639 support: Return of demand for temporary long opportunity 3) If market retrace on low volume to higher levels and is rejected = short Price reaction levels Short on Test and Reject | Long on Test and Accept 32563 31299 30999 30157 29639 26212 Weekly: High vol wide spread down bar close off low = demand has come in. Daily: High vol down bar, narrower spread and closing off low = strength - demand has come in H4: Last 2 bars combined = UHV down bar closing in middle = Demand present Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
SPY/SPX/ES/MES Elliot Wave AnalysisLooks like a big rally shaping up to end the month of May, but June should be a full-on bear fest, at least to start the month. Major Wave 1 down should end in the 3200 - 3500 zone. Likely, we'll rebound from there into the Fall of 2022. Major Wave 3 will likely project down to the 1500 zone. Major Wave 5 will likely end in late Spring 2023 with target projections somewhere between 1500 - 1200 with a very real possibility of undercutting the 2009 low @ 666. If we do undercut 666, supercycle Wave 5 up should begin, lasting 8.6 years into 2032 and reaching 50k to 100k + on the Dow Industrials. After that, it's possible the whole thing drops to zero and the shithouse goes up in flames. Credit to Dan E. for his wave analysis and Elliot Wave International CME_MINI:ES1! Side note - When things get super volatile, I like to trade the mini ES. Trades great with excellent liquidity.
CME_MINI:MES1!
by imdp
Dow daily say : fibo 161% say dow can crash to 29000above green arrow (next posible low place) when pinbar on 1hour , 4haur or daily chart come , we must pick buy ok? but with SL in pinbar low understand ? for hold to high if clear buy pinbar verfy not come , wait more , dont pick buy if pinbar comes , dont fear pick buy but very low size , dont close it soon,after 80 point move SL to open price , let it go upper ,try hold it until 34000 area (can take 10 day) personaly i think 29500(2nd green arrow) is 2022 low , then dow will start big +up trend to high good luck , if you have old buys in witout SL you are in danger ,dow can go downer in coming hour ,for help contact my Telgram :ramin_trader2006
CBOT_MINI:YM1!Long
by ramin_trader2006
US30USD YM1! DOW 2022 JUNE 13 Week US30USD YM1! DOW 2022 JUNE 13 Week Last week we see a Scenario1 Rotation followed by Scenario3. Market descended on strong volume, very nice short. Possible scenarios considered are: 1) Market continue to be in rotation between 33205-32500 = Wait 2)32728 becomes support 3) 32728 becomes rejected and market return to test 30584-30926 Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34807 34027 33531 33205 32563 31411 30926 30584 Weekly: Ave vol down bar close at low = Supply remains Daily: Ave vol down bar closing toward low = Supply remains H4: Ave vol down bar closing off low = some demand present Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
Dow Jones: Jack-in-the-boxOr in fact: Jones-in-the-box as Dow Jones has jumped out of the lower green zone between 32374 and 32934 points quite impulsively. Although the index could now directly continue the ascent above the resistance at 33434 points, we rather expect it to come back into the lower green zone to finish wave 4 in green – ideally at its bottom. Afterwards, Dow Jones should rise above the resistance at 33434 points and further upwards into the upper green zone between 34311 and 34823 points to complete wave 5 in green. As soon as the index has accomplished this, it should start a countermovement.
CBOT_MINI:YM1!
by MarketIntel
US30USD YM1! DOW 2022 JUNE 06 Week US30USD YM1! DOW 2022 JUNE 06 Week Last week market was in rotation between 33205-32500. No resolution between Bulls/Bears yet. Hopefully early week big operators will show their hand. Possible scenarios considered are: 1) Market continue to be in rotation between 33205-32500 = Wait 2)32728 becomes support 3) 32728 becomes rejected and market return to test 30584-30926 Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34807 34027 33531 33205 32728 31979 31411 30926 30584 Weekly: Low vol down bar close off low = minor strength Daily: Ave vol down bar closing at low = minor weakness H4: Ave vol down bar closing level with previous UHV bar = 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 MAY 30 Week US30USD YM1! DOW 2022 MAY 30 Week Last week market returned late weekto test edge of rotation zone. Note: Strongest demand volume observed since downtrend. Possible scenarios considered are: 1) Test rotation and rejected, for return to lower levels 2) (a) These levels become support for long (a) 33205 (b) 32728 (c) 31411 Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34807 34027 33531 33205 32728 31411 30584 Weekly: Ave vol down bar close off low = minor strength Daily: Ave vol up bar closing off high = minor strength H4: High vol 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
US30USD YM1! DOW 2022 MAY 23 Week US30USD YM1! DOW 2022 MAY 23 Week Last week scenario2 test and reject short was good. Play scenarios mapped out: 1) Test and reject 32167 or supply line of channel for short 2) If market reaches 29523, wait for price reaction as it was previous resistance turned support Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 35750 35330 34945 34027 33066 32554 32492 32167 Weekly: Ave vol down bar close off low = minor strength Daily: Ave vol up bar closing off high = minor strength H4: High vol 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