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UDF1! trade ideas

YM1! US30USD DOW 2023 15 May WeekCBOT_MINI:YM1! Last week's test and reject 33670 short yielded 270pts. Market approaching intermediate axis 32994. Possible scenario: 1) 32994 is supported and market returns into 33850-32994 range 2) 32994 becomes resisted and market head toward 31657/30513 Price Reaction Levels: Short on Test and Reject | Long on Test and Accept 33632 34275-34605 33850 32994-33195 31657 Price Volume Analysis: Daily & Weekly: Possible No Supply down bar close off low = strength Like and follow if you find this useful. Have a profitable trading week. *For education purpose only.
CBOT_MINI:YM1!
by paradox677
YM1! US30USD DOW 2023 MAY 08 WEEKCBOT_MINI:YM1! Test and reject of 34275 for first week of May: Entry: 34105 | Risk 100pts (reduced size) | Exit 33674 | Profit 430pts Now that YM has exited rotation, and tested boundary, we may see the likelihood of a rejection trade from 33670. Set your alarm there. Possible scenarios: 1) Test and reject of 33670 = short Volume Analysis: Daily: High volume breakdown from rotation, followed by lower vol up bar close off high = confirmation of supply overcoming demand H4: Lower vol up bar close off high = weakness Price reaction levels Short on Test and Reject | Long on Test and Accept 35228 34605 34275 33670 32681 31657 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
YM1! US30USD DOW 2023 APR 24 WEEKYM1! US30USD DOW 2023 APR 24 WEEK Discretionary trade at the 34275 rejection yielded 350pts. With price failing to reach previous supply level 34605, could market be indicating that demand at higher levels have been exhausted? If so, we may be looking at further distribution (i.e. selling) Possible scenarios: 1) With weakness observed, wait to short at rejection at 34605 // 34275 2) Possibility of rotation between 33670 - 34275 = trade at boundary of range Volume Analysis: Daily: Possibility of buying climax. Price reaction levels Short on Test and Reject | Long on Test and Accept 35228 34605 34275 33670 32681 31657 Remember to like and follow if you find this useful. Have a profitable week ahead. CBOT_MINI:YM1!
CBOT_MINI:YM1!
by paradox677
Dow Jones: Spring Fever 🥱Has Dow Jones caught spring fever? At the moment, the index seems to lack the necessary drive to continue expanding wave (i) in blue. However, we expect Dow Jones to pull itself together soon and to summon up enough momentum to make it above the resistance at 35 521 points. The index should not surmount the higher mark at 36 446, though, but finish the current movement and turn downwards again. There is also still a 35% chance that Dow Jones could slip below the support at 28 635 points, heading for a new low in the form of wave iv in magenta.
CBOT_MINI:YM1!
by MarketIntel
YM1! US30USD DOW 2023 APR 17 WEEKCBOT_MINI:YM1! YM1! US30USD DOW 2023 APR 17 WEEK Previous long scenario2 at 32595 // 33590 worked well. Potential weakness observed. Market now is approx. 500pts away from 34605. Possible scenarios: 1) Trade to be guided by channel 2) With weakness observed, wait to short at channel's supply line or rejection at 35228 // or 34605 previous rejection area Volume Analysis: Weekly: higher volume up bar close off high = minor weakness Daily: Higher vol mark up to close lower, and a close below middle of bar = potential weakness Price reaction levels Short on Test and Reject | Long on Test and Accept 35228 34605 33590 32595 31657 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
YM1! US30USD DOW 2023 APR 03 WEEK YM1! US30USD DOW 2023 APR 03 WEEK Price was marked up on low volume = possibility of trapping longs. Keep your stops tight if you are holding long positions. Possible scenarios: 1) Sell if False break of 33590, test and reject of recent high 2) Long on test and accept of 32595 // 33590 Volume Analysis: Weekly: Low vol up bar close off high = possible selling, trapping longs Daily: Wide spread low vol up bar close off high = possible selling, trapping longs Price reaction levels Short on Test and Reject | Long on Test and Accept 35228 34605 33590 32595 31657 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
Sell setupTrade: Sell at 32975 or higher Stop: 33150 Notes The model: The Ingenuity Trading Model is a Geometric Markov Model with specific inputs related to Price, Time, Volume , and Volatility. The model attempts to predict local minimums and maximums in price on a daily and weekly basis. A fancy way of saying a trading system that detects specific patterns in price, time, volume, and volatility and indicates whether to buy or sell. On winning trades after 1 day take at least ⅓ of the position off and move stop to breakeven
CBOT_MINI:YM1!Short
by IngenuityTrading
YM1! US30USD DOW 2023 Mar 27 YM1! US30USD DOW 2023 Mar 27 Support long at 31747 was good. Note the trendline resistance at the moment. I'll be back in April, keep profits and rest from cold. Possible scenarios: 1) Short on reject of 32789 Volume Analysis: Weekly: Ave vol up bar close off high (some supply present) Daily: Ave vol up bar close toward high Price reaction levels Short on Test and Reject | Long on Test and Accept 34689 32789 30513 28635 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
Dow Jones /YM : First Target Reached, What to Look for Next/YM hit the first target of 32650 shared in my previous idea (see below). The next target is 32900, followed by 33200, 33500 depending on how price develops. I have sketched two scenarios of equal probability. 1) Price finds resistance at the channel structure and pulls back before a push to 32900 T2 2) Price breaks channel resistance and makes a straight push to 32900 I will post updates as price develops. Share your thoughts in the comments and leave a like if you found this analysis helpful Previous /YM Analysis:
CBOT_MINI:YM1!Long
by AidanMDang