Get started
E-mini Dow Jones ($5) FuturesE-mini Dow Jones ($5) FuturesE-mini Dow Jones ($5) Futures

E-mini Dow Jones ($5) Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts Options

YM1! trade ideas

Mean Reverting Around November's FOMC(Rotating Back Down To 43K)After taking a few losses trying to buy pullbacks, I had to take another step back and reevaluate my analysis. What I am now seeing is that price is mean reverting around November's FOMC level and December's NFP was used as the start of the down move. Every single retracement this year has been roughly 3.5-4%. A 4% retracement will close the gap on the daily chart. Using a measured move of the Mean (November's FOMC), the projected down move should retrace back to 42,700. This will take out the low and retrace back into the election candle's 50-66% level. This will be my next area of Support I will be paying attention to. To me, this looks like one giant range forming between 42,700-45-200.
CBOT_MINI:YM1!
by Dow_Jones_Maestro
6
Dow Jones Trade Idea Symetrical Triangle NFP Breakout To 45,750After my last idea did not work, I took a step back and seen what the market was doing. To me, this looks like a basing on the 50% level and a slowing down of price into 44,825 area. I believe NFP will be used as the catalyst to pump prices higher and into the breakout. One full expansion of this triangle is at 45,750. This is a level I found using other methods on the weekly and so this is just one more piece of confluence. I am already in Long at 44,853 because I used the doji candle on the Asia open. I am using a 100 tick stop using the Hourly chart. Once price breaks out, I will be moving my stop to B/E (If my stop holds before hand) So far, the gap up is holding as a support channel and the market is grinding higher. A more detailed view of the 15 minute chart
CBOT_MINI:YM1!Long
by Dow_Jones_Maestro
3
Weekly Forex Forecast: SP500, NAS, DOW ... Wait For BUYS!The equity markets closed the month with all time highs. Next week, there should be some carry over. The week may open bearish in the short term, but I believe longs will be the ticket to ride! * I will consider longs in SP500 and DOW before buying the NASDAQ, as it is weaker. There, I would take valid sells before I short SP500 or DOW JONES. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CBOT_MINI:YM1!Long
by RT_Money
4
Thursday December 5th Trade Idea Limit Order Buy At 44,996I am placing a limit order using my intraday account for 44,996 that I feel very confident on. The middle of the range is at 45,000 The point of control also is at 45,000 Because this is most likely a bull hammer weekly candle and its NFP week, I am expecting bullish trend days coming. Because Monday-Wednesday created the peak formation low under the weekly open price, price is now in expansion phase to complete a measured move of 625 ticks. I am using a 50 tick stop to allow me just under that 2-hour bullish bar. I am targeting just a little bit over the pivot high or what the market gives. Because this trade is a day trade, I need to be out by 4pm. So far, price is playing out nicely as I described in my weekly template post. It bounced off of where it was supposed to and is now in expansion phase. Because nothing is guaranteed in the market, I will cut my loss at 50 ticks. This is a trade idea that looks good to me and I am willing to risk 1R for 4R today.
CBOT_MINI:YM1!Long
by Dow_Jones_Maestro
5
Wednesday December 4th Gameplan Intraday LevelsMy gameplan going into the next day's NY session will be to watch the level 44,825 and see if/how price pulls into that level and how it reacts. If I see a little doji then I will go Long. The level I will watch on the upside is 45,095. I don't know if price will break that level or reject again temporarily. The weekly opening price of 45,050 is a prime target to hit If these levels hold as the top and bottom for the day, then that will be a 275-tick range for the day. Of course I don't know anything until tomorrow. These are just my assumptions and what I feel is the most likely outcome. I am going in tomorrow with a bias for buying and into a pullback area. As usual, my own personal intraday stops and targets are always 50 stop, 125 target for a 2.5 to 1. Intraday, I just grind out base hit after base hit. Sometimes I strike, sometimes I hit. 1 win takes care of 2 losers plus commissions.
CBOT_MINI:YM1!Long
by Dow_Jones_Maestro
Dow Jones Futures Typical Movements StudyI have been going over average movements for awhile now and this is just a snippet of the last month. I have noticed there are four main movements. Small movements of 250 ticks, used in small pullbacks and retracements Medium movements of 375 ticks, used in slightly deeper pullbacks and retracements Large movements of 625 ticks, used in expansion moves, either to the upside or to the downside X-Large movements of 750 ticks, used in more substantial moves, either to the upside or to the downside Out of the four, small 250 moves and Large 625 tick moves are the most frequent. One of the ways I am using this information is where to take profits. I know I won't catch the bottom or the top of the move and so, if I can capture the middle 50% then I can use these average movements and cut them in half. If a large expansion move is on average 625 ticks, then 50% of this will be 312 ticks. Therefore, I could expect a pause or pullback at/ around that area.
CBOT_MINI:YM1!Education
by Dow_Jones_Maestro
December Monthly Template Gameplan Reversal PatternLooking at the weekly chart, a very key reversal signal is forming. After the breakout in August, the market has performed three pauses and now we are on push 2 of the 1 2 3 engulfment pattern. This leads me to believe that the first week of December will be the 3 of the 1 2 3 pushes. If this is the case, then the second week should either be a doji or the confirmation engulfment. The measured move of the first leg takes price up to 45,760. Like I said in a prior post, the election weekly candle is the largest candle on the chart, and it takes place at the highs, a key indicator of an exhaustion candle. The only way to confirm this is with the engulfment candle. On the 8 Hour chart for more detail I believe the price action I have highlighted in the red box is just the miniature version of the same pattern that is playing out on the weekly. This leads me to believe that a large correction is coming, and price will return back to 38,500 My upcoming weekly gameplan for intraday is to use that pin hammer on Tuesday, November 26th as major support area. It depends on how price opens up and trades on Monday. Do they go down first? Because this week is NFP on Friday, this is a weekly candle with major red news.
CBOT_MINI:YM1!
by Dow_Jones_Maestro
9
E-mini Dow Jones Futures (YM1!) - Bullish Bias with Key Levels Description: This analysis highlights a bullish bias for E-mini Dow Jones Futures (YM1!) based on the following observations: Daily Bias: Buy The current market structure supports a bullish sentiment as the price has reclaimed and stayed above the key support zone. Key Support Zone (Blue Area) The highlighted blue zone around 44,700 acts as a significant support level, where demand is expected to dominate if the price retraces. Resistance Breakout Price recently broke above a key resistance level (marked by the red horizontal line). This breakout suggests strong bullish momentum. Next Steps If the price sustains above the breakout level (~45,050) , we could see further upside momentum. A pullback to the support zone (~44,700) could provide a better risk-to-reward entry for long positions. Key Levels: Resistance: 45,100 Support: 44,700
CBOT_MINI:YM1!Long
by hakimizai
2
Weekly Outlook Thanksgiving Bullish Continuation Off SupportNow that Monday and Tuesday have traded, I can have a better idea of what the market is doing. By allowing Monday (Opening Range) and Tuesday (Initial Balance) to trade, you can see the type of weekly template forming. By marking the opening price of the weekly candle in Cyan blue, you can better see if the week will be bearish, bullish or a doji based on how price trades around it. Because this week gapped up and Tuesday failed to touch the weekly open, this tells me this is (with 85% certainty) a bullish continuation weekly candle. Based on this information, I will be looking for a pullback and a range expansion target for the week of 1 times Monday, Tuesday's High/Low Monday Tuesday Opening Range/Initial Balance Range Expansion Target Technique:
CBOT_MINI:YM1!Long
by Dow_Jones_Maestro
1
Dow Jones Gap Up and Break Away 47,000 By Year EndBecause the Dow is accelerating in its trend and the fact that last week was a bullish hammer, it is no Suprise that this week opened with a 0.5% gap up and rally. I believe the rest of the week and the rest of the year will be extremely bullish with a target of 47,000 by year end. This will give 2024 a 20% gain for the year. It has been a very bumpy ride with its constant shake offs. Every time it has performed a shake off, it has rallied to new highs just as fast. How I arrived at 47,000 was using two times the range expansion of the range formed up until August. It wasn't until August that the trend started to pick up steam.
CBOT_MINI:YM1!Long
by Dow_Jones_Maestro
5
Weekly Forex Forecast Nov. 25th: SP500, NAS, DOW = BUY THEM!The three indices are bullish. They each had a Daily +FVG they found support in, and were bullish from that point of contact. The DOW is the strongest, and may be the best bet, even though it is a wildcard most times. The SP500 is probably the safest buy, as the NASDAQ is the weakest of the three. If things turn bearish for any reason, the best short will be in the NASDAQ. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CBOT_MINI:YM1!Long
by RT_Money
Weekly Template Estimation November 17th Bullish Weekly CandleI am going to walk you through my thought process of what I think is the most likely weekly candle this week. I think this week's candle will be of a bullish nature. I believe Monday and Tuesday will be the low of the week, AKA the weekly wick before the expansions Wednesday, Thursday and Friday. Last week's candle was a pause/resting pullback week after the following massive expansion candle. This week's candle has the opportunity to trap sellers down low in the false sense of a continued down trend when in fact price is just pulling back into support from the massive bull candle. Price is still in the top 1/3 of that candle. I won't know the results of this post until Friday after everything has traded. I will be looking for buys off of support come Wednesday-Friday. I will let Monday trade while I just observe. I will not trade Monday as I don't have enough information on what the market's goals are this week. I need them to show me their hand first and then I can make more informed decisions.
CBOT_MINI:YM1!Long
by Dow_Jones_Maestro
2
Trade Entry Trigger Long (Limit Order 43,260) 5 to 1 (1000 ticksI am placing an order for 43,260 for the pullback of the bull 180 bar for the reversal back up into those stacked highs for 1000 ticks. I will be placing my stop under the bull 180's wick and under the 0.66 retracement. Around 175-200 ticks. The stacked highs of liquidity lines up with 2x range expansions of the bull 180. Two important take aways with this trade idea 1: Price cannot even pull back and I don't get a fill down there, thereby missing the trade 2: Price can indeed fill me and blow right through my stop. I am ok with risking 1% for a potential 5% gain. If you are comfortable taking this setup then you need to be ok with both 1 and 2 scenarios AND have the conviction to hold to target. Entry: 43,260 Stop: 43,060 Target: 44,270
CBOT_MINI:YM1!Long
by Dow_Jones_Maestro
4
CPI Possible Pullback into Support Slowing Down Into SupportIn following the Bull trend, I am looking for a slowing down of momentum into my support level for another little pop up. Monday and Tuesday were counter trend moves in the consolidation and the retracement. This week's template is looking like a standard market maker template based on how Monday and Tuesday traded. Expect Wednesday or Thursday to be the mid-week reversal and go back the other way. Summary: I am not 100% sure if either my support level of 44,025 will hold or the November FOMC purple line will. What I am confident in though is that this is not the top as price action is showing me that it wants to make another move up. Whether it breaks the high or make equal highs, I won't know at the moment until I see more price action. If CPI is to take out the inside pivot high of 44,565 then that will be a 1.20% gain on the day. This is something that is not out of the probability of happening.
CBOT_MINI:YM1!Long
by Dow_Jones_Maestro
Exhaustion Bar M Play Setup Look For No Follow ThroughI am looking for the second leg of the M with a doji to make a second poke at the highs before it sells back down to 44,340. After which it will grind higher back up to the highs but not break them. There are two trade opportunities I can see today. The sell off the exhaustion high and the Long back up off support. Both 3 to 1s. The first 15 minute bar of the day is a text book exhaustion bar. Now to confirm it, it must have little to no follow through followed by a doji or engulfment.
CBOT_MINI:YM1!
by Dow_Jones_Maestro
6