Revision to Prior Idea. Range Bound SellsI want to scratch my prior idea as the market is showing me it is in a distribution phase in this range.
I am confident that the all time high will hold until price pulls back down to the prior low of 43,400 and then take out the all time high.
Does this look familiar?
The exhaustion bar wi
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CPI Bullish Fake out (Bearish Range- False Break Reversal)
I am anticipating a Bullish close on Thursday to close above these highs for a 1% rally. Then Friday to wipe the board to start the move back down to the other side of the range for the true support Long.
I will continue to look for Sells until support. This is a Bearish range at the top.
Market In Range. Low of Week Buying Using the Daily timeframe signals, price is in a range. Nothing is setup yet. I will wait for Monday to close down. I want to see a bearish closing day down near the lows for the Low of Week reversal.
This is what I am waiting for and will have to see IF price will setup this way.
1. Cree
Dow Futures (YM) Resumes Upward Drive in Impulsive FormationThe short-term Elliott Wave analysis for Dow Futures (YM) indicates a cycle from the 1 August 2025 low is forming an impulse. The wave 1 peaked at 45,841, followed by a wave 2 pullback that ended at 44,996. Wave 2’s internal structure developed as a zigzag. From wave 1’s peak, wave ((a)) dropped to
YM 9/4 1hrMonthly timeframe Pink
Weekly = Grey
Daily = Red
4hr = Orange
1hr = Yellow
15min = Blue
5min = Green
4 candles, 6 Levels, & MarketMeta
Range = 2 or consecutive candles of the same color.
Distribution Range - When price is above a distribution range it will act as support. When price is below, the
selling pressure or lack or buying pressure presents breakout ?* looking at this pattern and pivot points we see a reduction of power from buyers, unable to push the market higher, while sellers then are logically stronger.
* buyers are currently holding the price point in the purple line marked, but they are less able to defend it with every attempt to break
Portfolio EducationPortfolio Education: Strategy Breakdown
1. Core Structure of Portfolio
10% BSV (Vanguard Short-Term ETF)
This portfolio follows the guidelines that Warren Buffett has written in his will for his wife's trust in the 2013 letter to Berkshire Hathaway shareholders. They state that the trustee should
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Micro E-mini Dow Jones Industrial Average Index Futures (Dec 2024) is Dec 20, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro E-mini Dow Jones Industrial Average Index Futures (Dec 2024) before Dec 20, 2024.