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.
Ym1!_trading
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.
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.
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.
YM1! @ 1h @ will bulls defend 19660 before trump start friday ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards :)
Aaron