Devise2Day

YM1! (1h) @ technicly buy (before Trump speech), but ...

Long
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
Here my last point of view before Trump 1st Congress speech tonight!

Basicly, the YM1! is in an upside trend (realize Daily/Weekly SMA Cross in green area). Not in an euphoric bullish trend! but still in a very constructive upside, with much more potential to the upside than dowside! No doubt ...

We can cut the YM1! in 3 different time frames, if you want!
the Big Picture @ for investors, if you want @ www.tradingview.com/...loud-of-uncertainty/
the mid-term Time Frame @ for swing traders, if you want @ & the short-term Time Frame @ even for Day traders or scalpers, like us @ this Chart :)

Price actions above 20500 are manifesting a bullish picture in all 3 Time-Frames - & vice versa under 20500 Points. But all this technical facts or numbers are obsolet, if you want, ´cause the big quest tonight is - at least in my opinion: "Will the market, all financial market participants (even all traders, journalist, commentators - around his speech tonight) buying his better future outlook!?"

The answer should be expresse in the price action tonight - even until weekend ?!

Best regards!
Aaron

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.