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UDF1! trade ideas

YM Bullflag Pull Back Into FOMC Bullish What I am seeing is a bull flag in a sideways range. It poked above and failed. Most likely pulling back into the half way point. Pulling back getting ready for the FOMC next Wednesday for a, more than likely, bullish FOMC. I believe we have one final push up before the 37% sell off down to 23,000. I am currently short, notated by the orange line. I admit I got in too early and still am underwater. I am still 100% confident the sell off is around February 20th and will have to endure a bit more upside.
CBOT_MINI:YM1!
by Dow_Jones_Maestro
5
Dow Futures (YM) Pullback Should Find Support in 3, 7, 11 SwingShort Term view on Dow Futures suggests rally from 10.27.2023 low ended at 38113 as wave (3). Pullback in wave (4) unfolded as a double three Elliott Wave structure. Down from wave (3), wave W ended at 37470 and wave X ended at 38038. Wave Y lower ended at 37298 as the 1 hour chart below shows. This completed wave (4) in higher degree. The Index has resumed higher in wave (5). Internal subdivision of wave (5) takes the form of a 5 waves impulse structure. Up from wave (4), wave ((i)) ended at 37897 and pullback in wave ((ii)) ended at 37633. Index then resumes higher in wave ((iii)) towards 38157. Pullback in wave ((iv)) ended at 38061 and final leg wave ((v)) ended at 38302. This completed wave 1 in higher degree. Expect Index to pullback in wave 2 in 7 swing as a double three Elliott Wave structure. The first 3 swing lower is in progress and can reach 37731 – 37930 where wave ((w)) should end. Afterwards, it should rally in wave ((x)) before turning lower again in 3 waves to complete wave ((y)) of 2. As far as pivot at 37298 low stays intact, expect dips to find support in 3, 7, 11 swing for further upside.
CBOT_MINI:YM1!
by Elliottwave-Forecast
YM DOW JONES 8 Year Gameplan 2032 Buy At 20,000 Hold 200,000My personal gameplan on how I am tackling these sideways choppy markets. First, I will sell this 37% sell off that is about to occur February 20th Second, I will buy for the explosive short squeeze 60%, wait for the dip and buy off the rising wedge bottom for another 12,000 points Third, I will sell the upcoming 49% sell off on year 2029. Finally, the bottom will be in place at 20,000 in 2032 and I will be holding for next 15 years until DOW 200,000 The chart I am presenting is the weekly chart. I have the up channel drawn with 4 channel lines. The bottom channel line will line up with 2029's 49% sell off.
CBOT_MINI:YM1!
by Dow_Jones_Maestro
3
YM DOW JONES Final 6% Rally Before -37% Sell Off March TopThis is going to be a repeat of my prior post as I now have more up to date information on the 37% dump that is around the corner. It will be hard for me to thouroughly explain what it is that I am personally seeing but I will try. First off, I am basing this entire thesis on 1969 as price action is lining up near identical. I first noticed this back in September of 2023. Here is a monthly chart of 1969. Evidence: Bearish rising wedge up at the top of the up channel Rising monthly 200sma coinciding with the demand zone from the prior crash. 1962 and 2019 respectively. The October "Low" that bounced off the minor price support of the 1962/2019 crash A "bounce" of 15-20% off of the monthly 21ema at the bottom of the rising wedge during the last push up before the ultimate dump Now onto the daily time frame: Starting with 1969 with the big rip off the monthly 21ema Now onto 2024 daily, notice the same wide separation of the daily's 21 and 200 From that rip off the monthly 21ema, in 1969 it was a 15% rally, pullback into daily 21ema then another 6% rally before that was all she wrote. Start of the down trend -37% sell off. 2024 rip off the monthly 21ema with a projected 20% rally followed by the same 6% rally at the top before it dumps Thank you for being patient with my and me trying to explain what I am seeing. Feel free to leave your reply below. Am I seeing things? There seems to be too many similarities to fully ignore.
CBOT_MINI:YM1!Short
by Dow_Jones_Maestro
US30 Full AnalysisPrice Action: It is time for the monthly price to get back to the mean reversal where the Weekly open/close is inside-bar (but broke the low). Price hovering around the inside-bar is prone to break on either side. On the Daily structure, we have 3 days of Dojis, bearish engulfing followed by Gravestone Doji followed by two days of bearish doji and the price is moving in the channel. I expect monthly/weekly price to test the baseline while price from daily and below timelines are already below the Baseline in TDI. SK System: After sustaining a recent high, the price is respecting the SK Levels. My Bias is SHORT, if not SL and up, and shall look for the LONG. NB: US30, NAS100, S&P have a correlated move but both NAS & S&P price action are very distinct from US30. Let us Observe :-)
CBOT_MINI:YM1!Short
by NareshSenThakuri
1
YM DOW Sell Set Up On 1 Hour RTH Chart Wednesday 17th JanI will be looking for a couple more green candles to rally into the declining hourly 21ema. I will keep raising up my sell limit order under the body of the highest green candle until a red candle eliminates it. The candle can rally past the 21ema by a bit and is still acceptable, in fact, preferable. This would "close" the gap and hit stops up high. I will be placing a stop above the high of that bar and will be using a 125 point stop. My target is a fixed 2 to 1 or 250 points. It has room for 450 points down to the red support line but I don't care. I am only taking my 2 to 1. Dropping down to the 15 minute, the rally would be into the declining 200sma, which should halt it in its tracks. Its ok if it pops above by a little bit
CBOT_MINI:YM1!Short
by Dow_Jones_Maestro
1
Dow Jones YM Week of January 15-19 Expected Range BoundI am expecting another choppy range week and will buy the lows, sell the highs. Will take it slow this week and try to avoid getting chopped up. I am only going to allow 2-3 trades per day. I am only going to allow 2 losses per day as Max daily loss I am only going to allow 2 winners in a row as Max profit protection I will only do 2:1 on every one of my trades and at the end of the week, add up my P/L stats. I will try to shoot for 50-60% win rate. 10 trades at 2 to 1 at 50% win rate is 5% gain.
CBOT_MINI:YM1!
by Dow_Jones_Maestro
4 Hour Next Day CPI Pullback Setup IdeaI was tinkering around with news ideas and I have come up with this setup that I will try if market sets up with all my rules. I must have these rules in place, Most importantly, a fat CPI green bar followed by an even fatter, Bear engulfment bar. Once these are in place I will place a sell limit order in the middle of the golden pocket of that bear engulfment's High/Low range. I will target just a bit before that 50% mark of that prior fat green bar from December 13th. December 13th 2022 setup blueprint This post is merely a tutorial of sorts to show a potential 4 Hour Swing trade idea. I will give it a try. As long as my risk is contained then I am ok with the loss.
CBOT_MINI:YM1!
by Dow_Jones_Maestro
YM1 US30 - SMART MONEY BEARS? 📈💥Just a quick update – the Cpi has hit, and as a result, the YM1 US30 DOW JONES is now priced in. Yesterday's high and low prices have been swept, and the current price is in a state of flux. However, it seems that bears are starting to take over, and it's possible that the price will decrease since liquidity has already been swept and we are in extreme premium price. We'll have to wait and see if the price retraces and takes the lows from last week out.
CBOT_MINI:YM1!Short
by MOTIONCAPITALTRADING
YM DOW FUTURES Still Range Bound Topping Pattern My long term thesis is an 18 month sell off back down to the monthly rising 200sma. My only concern is when is the market going to start. We are bumping up on the yearly up channel. My guess is it might take a couple of months to get going. Short term we have the CPI report in 12 hours. My best speculation is that it will be bullish and choppy to hit the stops up high and the top of the bear flag. I notice it is a bullish pullback on declining volume. Also, on the weekly chart, the 10 week rally that we had so far, is also on declining volume. The short sell off before it was on increasing volume. I also noticed that on the weekly, the 21ema is flat, range bound and not respected by price. This is indicating a flagging pattern or consolidation pattern. Here on the monthly, the topping process is forming. When will it start? I have no clue. The market takes it time to build up before it starts moving. Here on the monthly, it is like watching paint dry
CBOT_MINI:YM1!Short
by Dow_Jones_Maestro
2
DOW JONES FUTURES Range High Sell Same Setup August CPII don't know if it will play out exactly like August 7th but any small pop above the flat 200sma I must short as required by my strategy. I don't get to pick and choose. Going over prior data I noticed that August looks very similar to what is happening now. I am not saying that is what is going to happen just an observation. Anyway, I am short the Asia open with a fill price of 37,888 stop above the high at 105 ticks, targeting the range low at 400 ticks. I want to be out of this trade before January 11th CPI as it has the potential to blast higher like it did in August. I may even try shorting that pop above the 200sma as well. I think I will place a limit order in between those two red lines depending on how it is setting up and from where. Here is Chart of August Here is Chart of January, Today
CBOT_MINI:MYM1!Short
by Dow_Jones_Maestro
Dow Futures (YM) Doing Elliott Wave Corrective PullbackShort-term Elliott Wave View in Dow Futures (YM) suggests that the rally to $38115 high has ended the cycle from the 10.27.2023 low in wave (3) as 5 wave impulse structure. Down from there, the index is doing a corrective pullback in wave (4) against the October 2023 low cycle. And is expected to find buyers in 3, 7, or 11 swings looking for more upside. We will explain the forecast in 30 Minutes chart below: Down from $38115 high the index is doing a corrective pullback when the initial decline to $37664 low ended wave (w) in a lesser degree 3 wave. Then a bounce to $37985 high ended wave (x) in another 3 waves. Below from there, the (y) leg lower ended at $37504 low after reaching the extreme area at $37534- $37427 area. Thus completed wave ((w)) as a double correction. Since then, the index is doing a short-term bounce in wave ((x)) as the Elliott wave expanded flat correction. Whereas small wave (a) ended at $37882 high. Wave (b) ended at $37470 low and wave (c) is expected to fail against $38115 high.
CBOT_MINI:YM1!
by Elliottwave-Forecast
Week 2 January Daytrading Gameplan DOW JONES FUTURESI am performing my own weekly analysis for the week ahead. I may not be entirely sure what is in store for next week but my strategy calls for shorting into the 200sma whether it pokes its head above or not. I will be mostly short bias but if long, I WILL be closing before it reaches the 200sma. In my eyes I am seeing a range developing with a slight hint of a bearish bias. It looks to me that price is still retreating to go into demand zone at 37,200. January 11th is CPI and I think it could spike up and over the 200sma for the fade back down.
CBOT_MINI:YM1!Short
by Dow_Jones_Maestro
10
Where's The NQ Headed To Start 2024? Volume Leaves Clues...The sellers had the ball to start off 2024, especially for the NQ which had its biggest decline in over 3 months. In this brief 5-minute video, I touch on my 2 favorite *indicators* of potential price direction, Anchored VWAP combined with a range-based Volume Profile. This methodology highlights areas the market may revisit, potentially in short order, as we kick off the year. Indicators on the chart: Anchored VWAP Visible Range Volume Profile (VRVP) 233 Exponential Moving Average
CBOT_MINI:YM1!
by RodCasilli
Dow Futures (YM) Looking to Extend Higher to Complete Impulsive Short Term Elliott Wave View in Dow Futures (YM) suggests that rally from 10.27.2023 low is in progress as a 5 waves impulse structure. Up from 10.27.2023, wave 1 ended at 34315 and pullback in wave 2 ended at 33913. The Index then rallied higher in wave 3 towards 38012 and pullback in wave 4 ended at 37390 as the 30 minutes chart below shows. Wave 5 higher is currently in progress as another 5 waves structure. Up from wave 4, wave (i) ended at 37878 and dips in wave (ii) ended at 37604. Wave (iii) higher ended at 38026, and pullback in wave (iv) ended at 37876. Final leg wave (v) ended at 38089 which complete wave ((i)). Pullback in wave ((ii)) ended at 37758 with internal subdivision as an expanded flat. Down from wave ((i)), wave (a) ended at 37841, wave (b) ended at 38113, and wave (c) lower ended at 37758 which completed wave ((ii)). The Index has resumed higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 38070, and pullback in wave (ii) ended at 37857. Near term, as far as pivot at 37390 low stays intact, expect the Index to extend higher.
CBOT_MINI:YM1!
by Elliottwave-Forecast