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Dow Jones potential for a drop! | 18th May 2022

Short
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from our 1st resistance at 32553 where the 50% Fibonacci retracement is to our 1st support at 31294 in line with the swing low support. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the 78.6% Fibonacci retracement .

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