Dow Jones Prime Trade LocationsOn this update we review the recent price action in the Dow Jones futures contract and identify some high probability locations and price objectives to target.
UDF1! trade ideas
DOW : dow have buy now in daily chart 📊 can you see reverse head and shoulder?
technical say : dow will see 35000 area soon (if bad newd not come) so after dow break EMA200 1hour (Green Line) looking for low size buy with SL in low ok 👌? try hold it 15-20 day until 36000
good luck 🎲
YM! Potential Bullish MomentumPrice is near to the buy entry level of 34174 which also lines up with the 38.2% Fibonacci retracement. It can potentially rise up to the take profit level of 34960 in line with previous swing high. Our bullish bias is supported by how price is expected to bounce off the support of the RSI indicator.
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.
YM1! - Weekly Market Update, 4/11Indicated areas of support (green) and areas of resistance (red) are ascending (rising) and descending (falling).
These areas indicated suggest support / resistance for the week of April 11 and either rise or fall based on their channel structure ascending or descending.
Please check back for any mid-week updates. Wishing you a profitable week ahead! Anthony Speciale
Shall we hammer another stock index?Those who judge that the current bear market has further to go may wish to back that judgment by shorting the Dow Jones Industrial Average. Like the Russell 2000 on Tuesday and the S&P 500 on Wednesday, the Dow has just made a bear DMI cross on the daily chart.
Remember that as for any short position, the ride down is bumpier than is the ride up for a long position.
US30USD YM1! DOW 2022 APR 11 Week
US30USD YM1! DOW 2022 APR 11 Week
With weakness shown by Supply>Demand and followed by a UT,
market will likely head lower should intermediate support 34220 becomes
resistance, then we should look to short on retracement.
Play scenarios:
1) Rotational play between 34220 - 35330
2) Breakdown of 34220 and this becomes resistance, market may
test 33433 and 32200 region.
3) Test of breakout area 33433 and supported = long opportunity.
Price reaction levels
Short on Test and Reject | Long on Test and Accept
36446 35750 35330
34945 34367 34220
33427 32492 32167
Weekly: UT bar followed by down bar = weakness confirmed.
Daily: Average vol up bar closing off high = weakness
H4: UHV up bar closing off high followed by down bar = weakness
Remember to like and follow if you find this useful.
Have a profitable week ahead.
E-MINI DOW JONES ($5) FUTURESNice and strong move, and in case we break through the point of very strong resistance, God willing to get a strong acceleration up and God willing to do good.
Next move up on the DOWstrong seasonality from 7th april to 1st of may the DOW might go up like last 15 years in that timeframe.
SIGNAL to BUY IN YM 4H HELLO GUYS according to my analysis i see a fort probably The market will Increase UNTIL 36045 next DAYS .
YMM2022/US30 (scalp) Buy opportunity interested in seeing a possible buying scenario during London/AM session as a short-term trade. Entry is at an imbalance in price & Target would be previous highs, also Keeping in mind it's a Friday and having the intent to close trade before market close. overall trend is bearish.
Dow Jones Make or Break Levels To TradeIn this update we review the recent price action in the Dow Jones (futures contract) and identify the next high probability trade locations and price objectives to target.
When Relief Rally Coincided with Quad WitchingYM1!
The US equity market selloff in Q1 was pretty fierce due to a confluence of reasons. Even the large-cap stocks have entered Oversold territory, as suggested by the RSI on the E-mini Dow future. Since the middle of March, the equity market experienced a typical round of relief rally, coinciding with the Quad Witching, when a large amount of derivatives expiration, order flow, and rebalancing happened.
Now the Dow is far away from the Oversold level, and the previous support has become overhead resistance. The decline will likely resume as the Fed is determined to tighten financial conditions to fight inflation.
Entry at 34400, stop above 35450. Targets are 32500 and 30000.
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios.
Most 4 Hour Indexes Going to the March 20th levelsMost indexes move together eventually. The March 20th levels, and the 4 hour 200SMA are the next stops. After that, the March 15th levels are possible.
E-MINI DOW JONES ($5) FUTURESThe arrow is in a strong upward direction, and its penetration of the point of strong resistance will see the arrow accelerate very strongly.
Dow Jones: Spring Feelings 🌿After finishing wave in turquoise, the Dow Jones was moving back down to complete the low of wave in our turquoise box between 34643 and 33930 points. In the upper half of this zone, the index already turned back up and is currently ranging between the turquoise box and the next resistance level at 35281 points. There is a possibility that the Dow will dip into the turquoise box once again to reach its ideal target for the turquoise wave in the middle of the zone. Regardless whether this wave has already ended, or the index returns into the turquoise box, either way afterwards we expect the course to continue the overarching upward movement. The first stop on the way to new all-time highs is the resistance at 35281 points that needs to be cleared.
US30USD YM1! DOW 2022 APR 04 Week
US30USD YM1! DOW 2022 APR 04 Week
Market encountered weakness and attempt for higher prices
were rejected. The week ended with minor support on
Friday's low.
Play scenarios:
1) Rotational play between 34220 - 35330
2) Test of 34220 and supported = long opportunity
3) If 34220 is broken and resisted = short opportunity
4) Test of breakout area 33433 and supported = long opportunity.
Price reaction levels
Short on Test and Reject | Long on Test and Accept
36446 35750 35330
34945 34367 34220
33427 32492 32167
Weekly: Low vol upthrust bar closing below middle =
potential weakness. (if next bar closes lower, weakness is
confirmed)
Daily: Average vol up bar closing above middle = strength.
H4: UHV down bar followed by high volume up bar closing
off high. Some support but supply still present.= minor strength
Remember to like and follow if you find this useful.
Have a profitable week ahead.
YM1! - Weekly Market Update, 4/4Indicated areas of support (green) and areas of resistance (red) are ascending (rising) and descending (falling).
These areas indicated suggest support / resistance for the week of April 4 and either rise or fall based on their channel structure ascending or descending.
Please check back for any mid-week updates. You can also follow me on my social networks and my website, all links are located below.
Wishing you a profitable week ahead! Anthony Speciale
E-MINI DOW JONES ($5) FUTURESThe arrow is good and strong and continues its very strong descent, knowing that it has broken the strong price channel.
Dow Jones Trading The Bullish SequenceIn this update we review the recent price action in the Dow Jones (futures contract) and identify the next high probability trading opportunities and price objectives to target.
Dow jones = don't pick sell, looking for buy in deepdow clearly break red trendline , now it try reach 36500 support
fibo 161% show dow can reach 40.000 in next 6 month
don't pick reverse sell on it , looking buy in deep (15min chart 📊) for hold 3-4 day to high
if you have sell , close it now or put hedge buystop (size=1.5*total sell) on high(day high)
good luck 🎲
DJIA In long term Wave 5?Big picture view...
Covid appears to have created a large expanding triangle in this historic bull run...
Expanding triangles (or triangles in general) are typical in Wave 4's before the final wave 5 in elliott terms
While everyone is still largely bullish and a lot of newer traders have never seen a bear market I thought it would be worth posting this chart
Short to medium term it appears the tide is still rising, but we are gathering headwinds in the form of rising inflation which leads to higher interest rates which subdue or reverse growth
While not bearish yet, i think it is worth noting some fibonacci projections which may be areas of interest if we get rejections with divergence around these levels as the correction may be deeper than anyone expects...
