US30USD YM1! DOW 2022 JULY 25 Week
Last week's long preference worked well.
Weakness shown over 3 TF analysis. We may see
short opportunity temporarily.
Possible scenarios:
2) Market rotation = trade at boundary of range
3) Behavior change scenario
Price reaction levels
Short on Test and Reject | Long on Test and Accept
32563 31867
30406 29639 26212
Weekly: Ave vol up bar close off high = weakness
Daily: Ave vol UT bar = weakness
H4: Ave vol tiny spread up bar = weakness
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Have a profitable week ahead.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.