US30USD YM1! DOW 2022 MAY 16 Week

E-mini Dow ($5) FuturesCBOT

Description

⋅ May 14, 2022 8:30 AM

US30USD YM1! DOW 2022 MAY 16 Week

Last week scenario1 breakdown finally happened.Friday market tested
breakdown area 32167

Play scenarios mapped out:
1) Test and reject 32167 for short opportunity
2) Test and reject 32554 for short opporutnity

Price reaction levels
Short on Test and Reject | Long on Test and Accept

36446 35750 35330
34945 34027 33066
32554 32492 32167

Weekly: Ave vol down bar close above middle = minor strength
Daily: Low vol down bar closing off high = weakness
H4: Low vol up bar close off high = weakness

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Have a profitable week ahead.