US30 (dowjones) _ At the beginning of the new week1.The first expectation is to climb to the previous ceiling
Which, of course, is very likely
2.If the uptrend fails, we expect to try to grow again after reaching the bottom
YM1
NQ Nasdaq, you need to know this before selling NASDAQ you need to know this before selling, as we see in the chart the NQ market gives you a short signal which is the price breaks the support level with no volume, but I really advise you as a professional trader to wait until the market breaks the blue line with *VOLUME*.JUST KEEP IT IN MIND
US30USD YM1! DOW 2022 JAN 10
US30USD YM1! DOW 2022 JAN 10
Last week's trapping longs and rejection of 36572-36416 provided
good short opportunity.
Considering Weekly and H4 weakness, preference to short on
retracement.
Possible scenarios play out provided.
Short on Test and Reject | Long on Test and Accept
37760 36960
36806 36418
36120 35882
35549 35164
34894 34547
33927 33383
Weekly: High volume down bar closing near low = weakness
Daily: A lower volume narrow spread bar closing off low = No supply
H4: Bar 1 & 2 effort no result = weakness
Remember to like and follow if you find this useful.
Have a profitable week ahead.
US30USD YM1! DOW 2022 JAN 03US30USD YM1! DOW 2022 JAN 03
Market on a gradual uptrend, new channel (brown) formed.
If test and reject 36572-36416, will be opportunity for short term short.
Breaking through 16121 and rejection will see price testing the
lower levels.
If price reaches bottom of channel and find acceptance, will be
long opportunity.
Short on Test and Reject | Long on Test and Accept
37760 36960
36572 36416
36121 35882
35549 35164
34894 34547
33927 33383
Weekly: Price tested previous high on a low volume up bar closing
in middle = no demand for higher prices = Weakness. Note bar closed
at demand line of previous uptrend channel.
Daily: Upthrust bar followed by down bar closing off low = some
demand present.
H4: Weakness and 1st lower high observed. if break and rejects 36121,
lower prices expected.
Remember to like and follow if you find this useful.
Have a profitable week ahead.
E-mini Dow retest resistance line at 35885E-mini Dow retest resistance line at 35885
Dow is in a consolidation mode with major resistance at 35885 and support at 35577 and 35531 in M30. We are likely to see a continuation of the current trend until it either breaks to the upside or drops below major support
US30USD YM1! Dow 2021 Dec 06
US30USD YM1! Dow 2021 Dec 06
H4 bulls/bears fighting for control.
Bears continue if price returns into channel and continues downward
Bulls will be in control if we can see price break high of bar 1 and finds
support
35941 35231
34986 34795
34559 33927
33383 32036
Weekly: High volume down bar closing in middle of spread, demand
has come in = TBC for bulls/bears resolution
Daily: Down bar closed above 50% of bar spread and slightly lower than
previous bar, good effort from buyers. Let's see if there is any follow
through next week.
H4: Test into Upthrust bar A. Bar 2 UHV down bar has a narrower
spread, this shows there's some buying. Last bar is high volume bar
closing off high = weakness. It shows bulls/bears may be wrestling
for control.
Remember to like and follow if you find this useful.
Short on Test and Reject | Long on Test and Accept
Have a profitable week ahead.
US30USD YM1! Dow 2021 Nov 29 Week
US30USD YM1! Dow 2021 Nov 29 Week
Market took advantage of the holiday to trap longs and moved aggressively
downward to take out stops, and test a previous demand area.
Will this be shakeout or bearish absorption? Market will tell us by
Monday's close.
Weekly: Average volume side spread down volume bar closing off high = some
demand present. The bar test a previous high volume bar.
Daily = Ultra wide spread very high volume bar closing on low = weakness
present.
H4 = Ultra high volume ultra wide spread down bar closing on low = Strength or
bearish absorption.
Strategy for Long (Test and Accept)
Strategy for Short (Test and Reject)
Entry based on price reaction to the levels on YM1!:
37524 37100
36446 36255
35988 35550
34881 34121
33718 33383
32906
Remember to like and follow if you find this useful.
Have a profitable trading week ahead.
Dow Futures is down to a critical level around 35532
Dow Futures is down to a critical level around 35532
The recent bounce at 35885 was short-lived after it was rejected at 36239 estimates, as indicated in my previous analysis chart. The index fell from 36239, made attempts to hold at 35767 but failed and continued down to 35532, closing Friday's session around the 200 MA line.
Dow will face some challenges around the 200 MA line in blue and the support line at around 35532, and this will be an important level to watch in next week's session. Dow will need to hold at these critical levels to avoid further decline.
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US30USD YM1! Dow 2021 Nov 22 Week
US30USD YM1! Dow 2021 Nov 22 Week
H4 chart shows market tracked the downtrend channel and met with
temporary support at 35550, a demand line of a larger uptrend channel.
1) If 35550 is broken and resisted, it may try 35250 // 35000
2) If market pushes downward of 35550 and returns to close above it,
there'll be long opportunity as the larger uptrend resumes.
Weekly: Average volume Average volume down bar = Weakness.
Daily = High volume down bar into previous resistance = weakness
H4 = Narrowing of spread bars and closing off low. There's buying into
the down move as market test a previous breakout area = Strength
will be confirmed if 35500 is supported.
Strategy for Long (Test and Accept)
Strategy for Short (Test and Reject)
Entry based on price reaction to the levels on YM1!:
37524 37100
36784 36446
36238 35988
35550 34948
34121 33718
33383 32906
Remember to like and follow if you find this useful.
Have a profitable trading week ahead. YM1!
Dow Futures; potential reversal to the upside or dead cat bounce
Here is what I see on the chart and my views.
Dow bounced around 35813 estimates and made a strong comeback on Friday's session, reclaiming half of the territory lost from the drop from 36240 but still in the bearish channel as indicated on the chart below.
There are two probabilities for next week's session.
Dow could either break at the head and shoulder price pattern at 36050 and head back up or head back down to retest support at 35886
US30USD YM1! Dow 2021 Nov 15 WeekYM1!
US30USD YM1! Dow 2021 Nov 15 Week
Demand at 35777-35880 returned to support the market on Friday.
However a downtrend channel has formed. acceptance at 36135 will mean
resumption of uptrend.
Weekly: Average volume very wide spread down bar closing off low
= some demand present.
Daily = Average volume up bar closing off high = Weakness.
However behavior appears like a bullish reversal.
H4: Ultra High volume wide spread up bar
closing off high, followed by an up bar closing off high. Weakness expected.
Strategy for Long (Test and Accept)
Entry based on price reaction to the levels on YM1!:
37200 36952
36762 36446
36375 36255
35880 36135
36076 25880
35777 35520
35500 35250
35151
Remember to like and follow if you find this useful.
Have a profitable trading week ahead.
YMYm1, an eosinophilic chemotactic factor, participates in the brain inflammation induced by Angiostrongylus cantonensis in mice
Ym1, an eosinophilic chemotactic factor, participates in the brain inflammation induced by Angiostrongylus cantonensis in mice
Ym1, an eosinophilic chemotactic factor, participates in the brain inflammation induced by Angiostrongylus cantonensis in mice
Ym1, an eosinophilic chemotactic factor, participates in the brain inflammation induced by Angiostrongylus cantonensis in mice
US30USD YM1! Dow 2021 Nov 08 WeekYM1!
US30USD YM1! Dow 2021 Nov 08 Week
Long on pullback for last week was good.
No surprise that price returned to test 36066.
35777-35880 must hold for uptrend to be intact.
Weekly: Average volume up bar closing off low = weakness
Daily = Average volume up bar closing off high = Weakness
H4: Reversal pattern has formed. Wait for Monday's US hours to
determine if supply will overcome demand.
Strategy for Short (Test and Reject)
Strategy for Long (Test and Accept)
Entry based on price reaction to the levels on YM1!:
37200 36952
36611 36376
36073 35880
35777 35489
35383 35155
Remember to like and follow if you find this useful.
Have a profitable trading week ahead.