YM1! - Weekly Market Update, 5/23/22

CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
Dow Futures offer us an opportunity to take a SHORT position.

I've indicated my area of entry, stop loss and target based on our settlement below support beyond 1% on a weekly basis.

There are ETF's and Options available to replicate this trade idea available to you to accommodate all styles of traders.

I've drawn channel structures of support and resistance for your review as well. The darker the color, the older the structure.

Wishing you a blessed and profitable week ahead!


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