Get started

Ym1!_analysis

US30USD YM1! Dow 2021 Sep 27 WeekYM1! US30USD YM1! Dow 2021 Sep 27 Week Eventful week last week as we saw the highest sell volume appeared ever since the up trend. If you are long, tighten your stops. High demand volume reaction up was impressive. Could be covering of loss positions, profit taking and initiating of fresh positions. Weekly: Ultra wide spread high volume bar closing near high. Daily: Narrowing of spread on the up bar and last bar closed level with the previous bar = weakness H4: Shortening of thrust on the up move, and market temporary resisted at 34749. Strategy for Short (Test and Reject) Strategy for Long (Test and Accept) Entry based on price reaction to the levels on YM1!: 34495 34754 34997 32220 - 32250 35500 - 35550 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! Dow 2021 Sep 20 WeekYM1! US30USD YM1! Dow 2021 Sep 20 Week Weekly: Higher volume but narrower spread than previous week, closed off low = some demand Daily: Market supported at 34379, high volume bar closing off low = some demand H4: Shortening of the downward thrust, possible pause in downward momentum / return of strength. Strategy for Short (Test and Reject) Strategy for Long (Test and Accept) Entry based on price reaction to the levels on YM1!: Price levels on YM1!: 34495 34754 34997 32220 - 32250 35500 - 35550 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! Dow 2021 Sep 13 WeekYM1! US30USD YM1! Dow 2021 Sep 13 Week Weekly/Daily: Ultra Wide Spread down bar closing on low, took out previous low 34494. Will this previous support hold? Potential for spring IF price can close above 34494 in LTF. H4: Diminishing volume on decline, we may see some strength return. Strategy for Short (Test and Reject) Strategy for Long (Test and Accept) Entry based on price reaction to the levels on YM1!: Price levels on YM1!: 34495 34754 34997 32220 - 32250 35500 - 35550 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! Dow 2021 Sep 06 WeekYM1! US30USD YM1! Dow 2021 Sep 06 Week Shorting on weakness was good as price was rejected at the 35500 region several times. Weekly: Narrow spread down bar. Price broke through previous week's high but closed below the previous bar = Weakness. Daily = Rotation, whipsaw expected. Last bar is down bar closing below 50% = weakness. H4: Rotation, whipsaw expected. Up bar yielded no result = weakness Entry based on price reaction on Red/Green zones. Strategy for Short (Test and Reject) Strategy for Long (Test and Accept) Price levels on YM1!: 35550- 35500 35220 - 35250 35114 34775 34569 34495 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! Dow 2021 Aug 30 WeekYM1! US30USD YM1! Dow 2021 Aug 30 Week Market approaching previous high. Weekly/Daily still uptrend, H4 still rotation. Preference is to short when price breaks resistance and closes below it. If it is breakout, then wait for price to return to breakout level and long. Weekly: High volume up bar = Strength Daily: High Volume Up Bar approaching recent resistance H4: UHV Ultra Wide Spread Up bar followed by upthrust = Weakness H1: No demand closing off high = weakness Entry based on price reaction at Red/Green zones. Strategy for Short (Test and Reject) Strategy for Long (Test and Accept) Price levels on YM1!: 35535 - 35420 35403 35151 35114 34924 34606 34535 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! Dow 2021 Aug 23 WeekYM1! US30USD US30USD YM1! Dow 2021 Aug 23 Week Weakness per last week's analysis proved profitable. Weekly: Ultra Wide Spread UHV down bar close in middle = Strength Daily: Up bar on high volume close above high of previous bar = Strength. H4 = Higher low formed Strategy for Long (test and accept) 1) 34495 - 34569 2) 34775 3) 34948 Strategy for Short (test and reject) 1) 35540 2) 35285 3) 35151 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CBOT_MINI:YM1!
by paradox677
US30USD YM1! Dow 2021 Aug 16 WeekYM1! US30USD YM1! Dow 2021 Aug 16 Week Weekly: Ultra Wide Spread High Volume bar close off high = Weakness Daily: Upthrust, close lower third of bar = weakness H3: Shortening of Thrust, Upthrust H1: Shortening of Thrust, Upthrust, diminished bullish volume Strategy for Long (test and supported) 1) 35220 - 35268 2) 35165 3) 35000 Strategy for Short (test and rejected) 1) 35520 2) 35438 3) 35388 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CBOT_MINI:YM1!
by paradox677
E-mini Dow YM1! 2021 Aug 09 Week YM1! E-mini Dow YM1! 2021 Aug 09 Week Monthly - Ultra Low Volume, Ultra Tiny Up Bar = may usher in Change in Behavior (takes time) Weekly = High Volume with Narrow Spread = Weakness, net progress from previous week's high = narrow = Weakness (Note, no change in behavior yet) Daily = High Volume Up bar Close off High (Weakness, keep stops tight) H4 = 2 H4 bar closing level (market may pause / rotate) Strategy for Long: Long if 35137 holds / 34949 is tested and holds Strategy for Short: If price rejected at recent high 35137, or returns to 35072 and rejected = short opportunity Remember to Like and Follow if you find this useful. Have a profitable trading week.
CBOT_MINI:YM1!
by paradox677
Elliott Wave View: Dow Jones Future YM_F Rally Should FailShort term Elliott Wave view on Dow Jones Future (YM_F) calls for the bounce to 25952 as wave (B). This move higher is a correction to the decline from April 24, 2019 peak. In order to avoid a double correction in wave (B) and provide validity to this view, Dow Jones Future needs to break below wave ((i)) at 25215. However, technical analysis on US Sectors such as Financial (XLF), Technology (XLK), Consumer Discretionary (XLY) suggest they have broken lower. Thus, we think it’s likely that Dow Jones Futures also extends lower. Therefore, we don’t like buying the Index and expect sellers to appear in 3, 7, or 11 swing as far as pivot at 25952 peak stays intact.
CBOT_MINI:YM1!
by Elliottwave-Forecast