E-MINI DOW JONES ($5) FUTURESIf we break the support it will complete the drop to the lowest points and vice versa in case we breach the very strong resistance we will get an upward trend
YM1! trade ideas
YM AnalysisThe Dow Jones is consolidating. The area around 34100 could come into play as meaningful resistance. Short-term support is around 32509.
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.
YM1! - Weekly Market Update, 6/6/22Dow futures are hovering around a known area of support / resistance.
I've adjusted support and resistance channel structures for your reference.
At this time, I do not see any actionable confirmation to entertain a trade idea.
E-MINI DOW JONES ($5) FUTURESWelcome. Several days ago, we noticed that the price is in an uptrend, but now I expect the price to collapse after a slight correction.
Finally, do not forget to consult. We wish you all success, and do not forget to write your like and opinion in a comment.
E-MINI DOW JONES ($5) FUTURESIn case we break through the resistance that is close to it now and the incentive for very strong support can also have a strong upward trajectory.
DowJones Playing A 5th Wave ExtensionIn this update we review the recent price action in the DowJones futures contract and identify the next high probability trading opportunity and price objective to target
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.
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.
E-MINI DOW JONES ($5) FUTURESHello. Several days ago, we noticed that the price is in an uptrend and will remain so with a slight correction.
Finally, do not forget to consult. We wish you all the best, and do not forget to write your opinion in a comment.
E-MINI DOW JONES ($5) FUTURESWelcome. Several days ago, we noticed that the price is in an uptrend, but now I expect the price to collapse after a slight correction.
Finally, do not forget to consult. We wish you all success, and do not forget to write your like and opinion in a comment.
YM shorty short - 5 wave short to the lows5th wave is coming probably as we have crossed 33053, let´s see the open
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
Dow 4hour :as i predict be4, it reach fibo 61% now can go down DONT PICK REVERSE SELL , looking for buy in deep , wait OK verfy comes
ok =buy pinbar on higher time frame or price break upper trendline in 15min chart
if you have old sell , close it near 32800
good luck , technical say dow can go to fibo 161% = 38000
DowJones Buyers At The Equality ObjectiveIn this update we review the recent price action in the DowJones futures contract and identify the next high probability trading strategy and price objectives to target
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.
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.
E-MINI DOW JONES ($5) FUTURESHello. Several days ago, we notice that the price is in an uptrend, so I expect that the price will continue in the previous trend after a slight correction.
Finally, do not forget to consult, We wish you all good luck Do not forget to leave your like and opinion in a comment.
YM1! Weekly Bullish GARTLEY
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
E-MINI DOW JONES ($5) FUTURESReversing the trend vigorously and we got an upward trend and the very strong resistance was penetrated.
DJI potential for rise! | 26th May 2022On the H4, with price expected to bounce off the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 32696 where the swing high resistance is from our 1st support at 31886 in line with the pullback support, 78.6% fibonacci retracement and 61.8%% fibonacci retracement. Alternatively, price may break 1st support structure and head for 2nd support at 31491 where the horizontal swing low support 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.
DOW Short Wait for price to take out the short term low and then trade into the fair value gap (ICT)
I will personally trade this as a short term trade with SL above the high at 1% risk
