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travis18haney

Dow Jones YM Parabolic Dump Setting Up Wed or Thur

Short
E-mini Dow Jones ($5) Futures (CBOT_MINI:YM1!)  
travis18haney Updated   
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
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I am waiting for the dump back down to the flat hourly 200sma and support of Friday's close.

Depending on how Tuesday and Wednesday trade out. I will be looking at the pivot lows for stop loss hunts.

Same setup as Thursday October 12th on the hourly chart.

Same broken down market trading in a negative position.

snapshot

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Comment:
This is the dump set up that will take a couple of days to set up. Looking for 350-500 ticks of dumping down to the flat hourly 200sma. Could set up Wednesday or Thursday or not at all. Will have to see how price is looking in a couple of days

snapshot
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