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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

DOW Futures ShortThis is a Position idea to Short the DOW United States Market index through Futures. It's pretty simple, Short At 32823. Stop Loss to exit position if taken at 33012 just above the psychological level at 33000. Take profit At 32587. Risk to Reward is .58%/.72%; A little more than 1.5 Risk Over Reward Ratio at 1 5/8. There is a Fibonacci Fail to continue at 0.266 32770 level with two previous closes Below that Level recently indicating a Move Lower possible. There's clearly Consolidation and not a lot happening my Opinion But this is my take as of now. Also I'll add with confluence to the price. Momentum is moving down on my indicator cross above still holding, and a Bearish RSI. This should be a relatively Small Time Frame for this trade to per take. Thank you
CBOT_MINI:YM1!Short
by Hilba
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
DJI potential for rise! | 2nd June 2022On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our 1st support at 32814 where the 23.6% Fibonacci retracement is to our 1st resistance at 33463 in line with the swing high resistance. 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 FXCM
DJI potential for rise! | 2nd June 2022On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 32814 where the 23.6% Fibonacci retracement is to our 1st resistance at 33463 in line with the swing high resistance. 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
ETHUSD potential for drop! |31st May 2022On the H4, with price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop to our take profit at 32646 where the 38.2% Fibonacci retracement is from our entry at 33133 in line with the swing high resistance. Alternatively, price may break structure and head for stop loss where the horizontal swing high resistance 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. Bob
CBOT_MINI:YM1!Short
by Rockqet
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
YM1! - Weekly Market Update, 5/31/22Dow futures reversed on us along with the broader markets this past week, finding support at the ORANGE channel. We had an idea to short the Dow, but it had gapped against us, I'm not a big fan of chasing price action, I prefer to let it come to me. Had you employed the same, you were saved from suffering a loss from this relief rally. The overall trend remains bearish, the current structure it closed above for the week did not offer us a 1%+ confirmation - at this time I do not see any actionable ideas for this market.
CBOT_MINI:YM1!
by SpecialeAnalysis