paradox677

US30USD YM1! DOW 2022 JAN 24 Week

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

US30USD YM1! DOW 2022 JAN 24 Week

Scenario 2 provided a very fruitful short opportunity last week.

Price has reached demand line of channel into oversold, and
looks like the formation of a distributive structure.
Price reaction at 33927 and 34328 will determine the
strategy to adopt -- refer to possible scenarios .

Short on Test and Reject | Long on Test and Accept

36446 35518
34782 34328
33927 33383
32737 32036

Daily: High volume down bar closing at low = weakness
H4: Average volume down bar closing at low = weakness

Remember to like and follow if you find this useful.

Have a profitable week ahead.
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.