paradox677

YM1! US30USD DOW 2023 APR 17 WEEK

CBOT_MINI:YM1!   E-mini Dow Jones ($5) terminer
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.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.