As of the close of the Dow Jones last Friday, 27 February, the monthly chart indicated an inverted pattern — not just in the cash market, but also in the futures market.
Then on Saturday, the Middle East conflict erupted once again.
First, I analysed the monthly chart, followed by the smaller time frame on the weekly. If you try it on the daily and even the hourly, you will see much more detail.
Video analysis:
Micro e-mini Dow Jones futures
Ticker: MYM
Minimum fluctuation:
Outright: 1.0 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
Then on Saturday, the Middle East conflict erupted once again.
First, I analysed the monthly chart, followed by the smaller time frame on the weekly. If you try it on the daily and even the hourly, you will see much more detail.
Video analysis:
Micro e-mini Dow Jones futures
Ticker: MYM
Minimum fluctuation:
Outright: 1.0 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
konhow@weipedia.com
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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.
Related publications
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.