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Micro E-mini Dow Jones Industrial Average Index FuturesMicro E-mini Dow Jones Industrial Average Index FuturesMicro E-mini Dow Jones Industrial Average Index Futures

Micro E-mini Dow Jones Industrial Average Index Futures

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MYM1! trade ideas

US30 Potential bearish drop | 06th July 2022On the H4, with price expected to reverse off the ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 30422 where the horizontal swing low support and 61.8% Fibonacci retracement are from our 1st resistance at 31216 in line with the horizontal swing high resistance and 50% Fibonacci retracement. Alternatively, price may break 1st resistance and head for 2nd resistance at 31866 where the horizontal swing high resistance and 61.8% Fibonacci retracement is. 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!Short
by Rockqet
2
US30 Potential bullish bounce | 05th July 2022On the H4, with price moving along an ascending channel and expected to break out of the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 30862 where the horizontal pullback support and 38.2% Fibonacci retracement are to our 1st resistance at 31866 in line with the horizontal swing high resistance and 61.8% fibonacci retracement. Alternatively, price may break 1st support and head for 2nd support at 30149 where the horizontal swing low support and 78.6% fibonacci retracement are. Take note we are waiting for the break of the 1st resistance to confirm the bullish move. 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
1
E-MINI DOW JONES FUTURES (YM1!), H1 Potential for Bullish RiseType : Bullish Rise Resistance : 31872 Pivot: 30931 Support : 30412 Preferred Case: On the H4, with price moving above the ichimoku cloud and within the ascending channel, we have a bullish bias that price will rise from the pivot at 30931 in line with the pullback support and 38.2% fibonacci retracement to the 1st resistance at 31872 where the swing high resistance and 78.6% fibonacci projection are. Alternative scenario: Alternatively, price may break pivot and drop to the 1st support level at 30412 in line with the swing low support and 78.6% fibonacci retracement. Fundamentals: No Major News
CBOT_MINI:YM1!Long
by Genesiv
DJI Potential rise | 4th July 2022On the H4, with price moving along an ascending channel and expected to break out of the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 30862 where the horizontal pullback support and 38.2% Fibonacci retracement are to our 1st resistance at 31866 in line with the horizontal swing high resistance and 61.8% fibonacci retracement. Alternatively, price may break 1st support and head for 2nd support at 30149 where the horizontal swing low support and 78.6% fibonacci retracement are. Take note we are waiting for the break of the 1st resistance to confirm the bullish move. 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
1
US30USD YM1! DOW 2022 JULY 04 Week US30USD YM1! DOW 2022 JULY 04 Week Scenario1 short last week was good. Market did not reach bottom of channel, temporary return of strength Possible scenarios: 1) Channel resistance = short 2) Market rotation = trade at boundary of range 3) Behavior change senario 4) Trend continuation - channel boundary trades Price reaction levels Short on Test and Reject | Long on Test and Accept 32563 31867 30406 29639 26212 Weekly: Ave volume down bar close in middle = indecisive Daily: Ave vol up bar close at high = minor strength 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
#3 - Russell,Nasdaq & Dow jones tuning bear marketRussel, Nasdaq & Dow Jones Futures are the best indicators of the economy Russel is the fastest one Nasdaq is the 2nd Dow Jones is extremelly manipulated to keep people buying deep The rainbown system with those 3 specific EMAs have been tested for years and can be used with ANY chart. The weekly one is the best to evaluate markeet direction. Daily is good for daily opeartions that are closed before the market closes. don't leave your money sitting there. Overnight manipulation is huge Rainbown dow is formed and now prices are free to move down hard. However, Nasdaq and Dow Jones are still in process. Once all of them is formed we will see the largest falloff in the history of US stock market
CBOT_MINI:YM1!Short
by ICoutoJr
Potential Bearish ContinuationOn the H4, with price recently breaking the ascending trendline, we have a bearish bias that price will drop from the pivot at 30783 in line with the overlap resistance and 50% fibonacci retracement to the 1st support at 29662 at the swing low in line with the 61.8% fibonacci projection. Alternatively, price may reverse off the pivot and rise to the 1st resistance at 31858 at the pullback swing high in line with the 61.8% fibonacci retracement and 78.6% fibonacci projection.
CBOT_MINI:YM1!Short
by Genesiv
E-MINI DOW JONES FUTURES (YM1!), H1 Potential for Bullish RiseType : Bullish Rise Resistance : 32508 Pivot: 31698 Support : 31008 Preferred Case: On the H1, price is moving above the ichimoku cloud and is moving along ascending trendline which supports our bullish bias that price will rise to the pivot at 31698 where the swing high resistance, 161.8% fibonacci extension and 61.8% fibonacci retracement are. Once we have upside confirmation, we would expect bullish momentum to carry price to 1st resistance at 32508 in line with pullback resistance, 61.8% fibonacci projection and 78.6% fibonacci retracement . Alternative scenario: Alternatively, price could drop to 1st support at 31008 in line with the pullback support and 38.2% fibonacci retracement . Fundamentals: No major news
CBOT_MINI:YM1!Long
by Genesiv
Dow Jones Potential bullish rise | 27th June 2022On the H4, with price breaking the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 31528 where the 50% Fibonacci retracement is to our 1st resistance at 32622 in line with the horizontal pullback resistance and 78.6% Fibonacci retracement. Alternatively, price may break structure and head for 2nd support where the horizontal pullback support. 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
1
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
DOW - YM Ketchup28.2K and 24K await... it's simply a matter of time. Industrials for the Post Industrial Co-Dependent Economy are being Sold as if there is no tomorrow... Nothing like a solid lift to re-enter the Trend, which is Down. Counter-Trends are nasty Bed Fellows. 3M, Dow, and a great many of the glory days Equities are being dumped on the heads of Ma n' Pa. Dividend-paying Junk Co frankly makes sense for them... for now. CD Rates did not decline in the most recent TNX Pullback. Banks are now more hated than ever. Brokers are in the lead, though as Passives are frankly the new Index Funds of the early 2000s - CLick this and that, whammy, Ron Burgundy would be proud. Stay Classy INDU. Stay Classy.
CBOT_MINI:YM1!
by HK_L61
DJI Short Setup & Measured Move to ~32kDow Jones Industrial Average is overbought. I can tell without using RSI or any other momentum indicator. Thus, we have our short setup for this week. The ellipses point towards a very steep angle down, which could serve as a prime example for how far it can move vertically downward on peak selling. This can be very useful when measuring subsequent projected moves for future shorting and could offer some valuable insight into what kind of Elliott Wave correction might be forming on the monthly chart. I'm already long DIA Puts held over the weekend, but Ill be adding to these two specific strikes/expirations if there's any sort of opening pullback upward. See below for details: Contract 1 - Long DIA Put (1/3rd Total Position) - 342 Strike, 1/28 Expiration Contract 2 - Long DIA Put (2/3rd Total Position) - 340 Strike, 2/4 Expiration For those new to my options plays, I only list the speculative long positions that I have and not the short call positions that I intend to open because most do not have access to such methods. I will be shorting the calls two bucks above the open for 1/28 exp. Anywho, the elliptical geometry seems to be leaning towards an incredible 5000 point measured move down vector that will likely start and end in the same trading day! Unless that triggers a circuit breaker on an equivalent move down in SPX, itll be an all time record for sure. -Ellipti-Pig DJ:DJI SP:SPX CURRENCYCOM:US30 CURRENCYCOM:US500 AMEX:DIA AMEX:SPY
CBOT_MINI:YM1!Short
by UnknownUnicorn5511258
5
DJI Potential bearish drop | 24 June 2022On the H4, with price expected to reverse off the ichimoku cloud resistance, we have a bearish bias that price will drop from our 1st resistance at 30795 where the horizontal pullback resistance is to our 1st support at 29748 in line with the horizontal swing low support. Alternatively, price may head for 2nd resistance where the horizontal pullback resistance and 50% Fibonacci retracement is. 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!Short
by Rockqet
1