Dow Jones Futures October Rangebound GameplanGoing into October, Dow Jones is in a clear 1000 tick range from 46,000 to 47,000. Because of this, I will be setting my trend following strategy aside and pulling out my range bound toolbox.
Step one when in a range, stay away from the middle. Look for swing points in the middle to be swept.
In a range, you want to play it safe. Let the market entice others to take positions, see where their stops are and trade into them. Below, I have marked where the money is at.
Below I have drawn price mean reverting around 500 and the best buys and sells are at the extremes. Taking positions near the middle is riskier. They want to entice you into a position near the middle to then sweep you up.
So how can you use this in real life? Below is the last trade I have taken off the 1 hour.
MYMZ2025 trade ideas
YM 9/30Levels are marked on the screen and color coded to the timeframe they were created on.
Weekly box is grey and shows the high, low and median range.
The red box is a daily high, low and median from yesterday.
Orange levels are 4hr timeframe
yellow is the hourly timeframe and blue is the 15min timeframe.
Daytrading Setup NY High of Day Dump Buy Low of Day TutorialOne of my favorite setups that I love to trade is the range day's New York High of Day dump buying Low of Day. This setup does not require ANY "top down" analysis and only requires the 15-minute chart. All you need is to wait a couple hours after NY opened and run its course.
By waiting, you accomplish a few things
1. Avoid getting faked out
2. Get to see the day's ATR
3. Ability to calculate the day's position size better
4. Buy near the low of day, targeting the full daily range
Below is the setup and the ideal entry point. One thing I have learned over the years is to never chase giant candles. The market will always give the best entry with the smallest possible candle.
Step One: 30 minutes before the open of New York
Mark the Daily Opening Price
Find and mark the initial low of day
Since you want to be buying the low of day, don't worry too much about the initial high of day. You are looking for the New York's high of day.
Initial HOD/LOD = Highs and Lows placed before NY
New York HOD/LOD = Highs and Lows made by NY
Step Two: Let NY open and do its thing. You are waiting for the NY HOD to be put in place.
How do you know when NY has put in it's High of Day? You wait for a swing point.
Step Three: Mark NY's High of Day
Step Four: Wait until price dumps down and takes out the initial Low of Day. You want to be buying as close to the lows as you can. Never get caught buying the highs of day.
Step Five: Mark the new NY Low of Day
Step Six: Wait for your entry
How will you know what the specific entry will be to enter? You won't 100% but what will help guide you is to not enter on giant bars.
Step Seven: Plan and Execute the trade
There are many variations of this setup and it is up to you to study and recognize the small differences. The market is not going to make it easy for you.
Two biggest tips is one, buy near the NY low of day and two, never chase giant candles. Wait for small bull candles near the low.
Another tip. If your high of day target has not been hit before NY closes, the best course of action is to set up a Good till Canceled bracket order and hold overnight until target hit. Taking small, partial profits will blow your account. You need full winners. The edge holding overnight is too good to close your trade at the NY close. Hold overnight.
Bears Trapped at Key Support - Bulls Load for Reversal💡 To see my confluences and/or linework, Step 1: Grab chart, Step 2: Unhide Group 1 in object tree, Step 3: Hide and unhide specific confluences 📊
The Market Participant Battle:
Bears have exhausted themselves at a critical support zone (point 2 on the chart), where a set of proven market participants from the initial low has successfully defended their positions. With price making a higher low at point 4 while momentum indicators (RSI and MFI) show oversold conditions with bullish divergence, institutional buyers appear to be quietly accumulating. The expected price return should target the previous high at point 3 and potentially beyond as trapped shorts are forced to cover.
Confluences:
Confluence 1: Market Structure & Participant Analysis
The numbered reference points on the chart reveal a compelling narrative. Point 3 closes above point 1, establishing point 2 as a proven support zone defended by strong market participants. At point 4, we're witnessing a return to this proven participant zone, creating a textbook higher low formation. This structural setup suggests bears who sold the breakdown below point 2 are now trapped as price refuses to continue lower.
Confluence 2: Layered Divergence Complex
We're seeing a powerful second-degree divergence setup. While price formed a higher low at point 4, both RSI and MFI printed lower lows and entered oversold territory. The candle before the current one shows a bullish fractal formation, confirming divergence on lower timeframes. This layered divergence typically precedes explosive moves as momentum shifts from sellers to buyers.
Confluence 3: Volume & Bollinger Band Dynamics
OBV (On-Balance Volume) breaking below the lower Bollinger Band at point 4 signals capitulation selling - often the final flush before reversal. The CVD (Cumulative Volume Delta) candles show consistent red bars during the decline, indicating aggressive selling that has likely exhausted itself at these levels.
Confluence 4: VWAP Institutional Footprint
The VWAP analysis reveals sophisticated institutional activity. At the major low (point 2), price closed below the 1st deviation before moving higher, suggesting institutional entries. At point 4, price nearly touched the 2nd deviation before closing back above, creating a failed breakdown - a classic institutional accumulation pattern.
Web Research Findings:
- Technical Analysis: Multiple sources confirm US30 trading in strong consolidation around 45,900-46,000 support, with technical indicators showing "Strong Buy" signals across multiple timeframes
- Recent News/Earnings: Fed decision on September 17, 2025, delivered expected 25bp cut; markets now pricing in additional cuts
- Analyst Sentiment: Bullish momentum expected to extend with pivot at 45,675 and resistance target at 46,443
- Data Releases & Economic Calendar: No major data releases until next week; market in post-Fed calm period
- Interest Rate Impact: Lower rates traditionally bullish for equities; Fed signaling accommodative stance continues
Layman's Summary:
Think of this setup like a compressed spring. Sellers pushed hard (points 1 to 2), buyers defended and pushed back (points 2 to 3), and now at point 4, sellers tried again but with much less force - they're exhausted. The technical indicators are screaming "oversold" while smart money appears to be quietly buying. With the Fed cutting rates and no bad news on the horizon, this looks like a classic "buy the dip" opportunity where patient buyers are about to be rewarded.
Machine Derived Information:
- Image 1: Shows complete market structure with numbered reference points - Significance: Confirms higher low pattern formation with clear support/resistance levels - AGREES ✔
- Image 2: Displays Bollinger Band fan pattern - Significance: Multiple band levels converging at current price suggests imminent volatility expansion - AGREES ✔
- Image 3: Wide-view perspective with full VWAP deviations - Significance: Institutional accumulation zones clearly visible at extremes - AGREES ✔
Actionable Machine Summary:
All three chart perspectives confirm the same bullish reversal thesis. The numbered reference points provide clear structure, the Bollinger Bands show volatility compression ready to expand upward, and VWAP deviations reveal institutional accumulation at current levels. The confluence of oversold momentum indicators with bullish divergence at a proven support zone creates a high-probability long setup.
Conclusion:
Trade Prediction: SUCCESS
Confidence: High
This setup presents a textbook reversal opportunity where exhausted bears have trapped themselves at proven support. The layered bullish divergence, institutional VWAP footprint, and oversold conditions all align for a powerful move higher. Target the previous high at point 3 (approximately 46,300) with potential continuation toward 46,500-47,000 as the Fed's accommodative stance supports risk assets.
YM 9/26I boxed last week in grey so we can see last weeks high, low and median range. then I skipped to the 4hr timeframe and marked out the levels and jumped to the 15min timeframe to plot the lower timeframe levels that stood out.
4 candles create 6 levels. I don't always mark all 6 levels. I like to focus on the Frontside candle or Inv.FS candle which are the most greedy parts of the range that minimize risk.
#DJI Futures Outlook: Key Levels to Watch Around Pivot 44,736Date: 14-07-2025
📊 Current Price: 44,645
📍 Pivot Point: 44,736.00
🔼 Upside / Bullish Scenario
If the price sustains above the pivot point (44,736), it could target the following resistance and bullish targets:
Immediate Resistance: 45,305.40
Target 1: 45,708.70
Target 2: 46,112.00
Target 3: 46,628.00
Target 4: 47,144.00
Bullish Bias Trigger: A break and hold above 45,305.40 increases confidence in these targets.
🔽 Downside / Bearish Scenario
If the price moves and holds below the pivot, the focus shifts to support levels and bearish targets:
Immediate Support: 44,170.04
Target 1: 43,765.02
Target 2: 43,360.00
Target 3: 42,844.00
Target 4: 42,328.00
Bearish Bias Trigger: A break below 44,170.04 opens the door to these downside levels.
#DowJones #TradingView #StockMarket #Investing #Trading #DJIFutures
#PivotPoints #DowJones #MarketOutlook #FuturesTrading
Non Farm Payroll IdeaThis post is mostly for myself and is for s.. and giggles. I am just curious how price will play out. I do not trade News Days but analyzing the chart, I am seeing price mean reverting around 750 and is bullish. Wednesday was the low of week. I am thinking Friday pullsback and ends the week at the highs.
This week is clearly in a bullish range bound weekly template.
YM 10/215min timeframe view
Color Coded to timeframe; strength favors higher timeframes
Monthly timeframe = Pink
Week = Grey
Day = Red
4hr = Orange
1hr = Yellow
15min = blue
The hourly distribution trend needs an hourly level to break. Could the Hourly Inv.BS level be the one? The current candle if closes blue will be the ladder forming to break the trend. We'll see. Hourly levels, trends activate the blue and orange timeframes.
Waiting on a move up before the next BIG move down!Looking for a move back up to 46,600 area to see how price and volume react and if it looks weak then I'll look for shorts We have multiple confluence up there were sellers are sitting. Its a %50 retracement as well as a 1H FVG. This morning we traded up into a 4H zone and sold off and have multiple HTF bearish bias. There is External liquidity up at 46,785 but the way broke to the downside makes me want to wait till internal liquidity is swept down at 46,347 before we make that move up.
ym short
Position: SHORT E-mini Dow Futures
Current Price: 46,749
Market Context: Range-bound consolidation after overnight session
SMC Analysis:
Order Blocks & Liquidity:
Sell-Side Liquidity: Above 46,840 (session high) - our stop location
Buy-Side Liquidity: Below 46,440 (session low) - our target zone
Recent Order Block: 46,700-46,750 area showing distribution patterns
Market Structure:
Price failed to capture liquidity above 46,840
Currently trading below the consolidation midpoint (46,740)
Looking for breakdown below equilibrium to target lower liquidity pool
Breaker & FVG Levels:
Key Breaker: 46,760-46,780 (yesterday's late session rejection)
Bearish FVG: 46,710-46,690 (if broken, confirms downside momentum)
Mitigation Block: 46,800-46,820 (invalidation zone)
Trade Thesis:
Smart money is distributing at current levels after failing to push higher. Expecting a liquidity grab below 46,700 to target the buy-side liquidity pool at 46,440-46,500.
Risk Management:
Stop Loss: Above 46,860 (above recent liquidity pool)
Target 1: 46,550 (initial take-profit)
Target 2: 46,440 (liquidity grab zone)
Watch for: Breakdown below 46,690 with increased volume for confirmation.
ym 9/199 lines on the chart today
The hourly local distribution trend seems to be gaining strength.
Monthly 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 SwingLow will be the boundary/entrance/exit of the range.
Distribution ranges consist of the 1st candle called the BackSide and last candle called the Frontside. Each has expectations.
BackSide candle (BS): expectation=strong reaction to price, support price. Hold price above it. Mark this level with a horizontal ray tool on the topside wick or topside body.
FrontSide candle (FS)
expectation = support price until trend reversal. Protects the SwingLow, exit of range.
To mark this level, place the horizontal ray tool on the topside wick or topside body.
SwingLow = the bottom side wick of the FrontSide Candle. Boundary of the range.
The Accumulation Range - When price is BELOW an accumulation range then these levels will act as resistance to price.
Inverse Backside (Inv.BS)= the first candle in the accumulation range. Its marked on the bottom side wick or body of the candle.
Its usually next to a Frontside candle. Traders like to see Inverse BackSide candles engulf Frontside candles and create an impulsive Fair Value Gap.
These f.V.G's next to FrontSide levels have higher probability than those that don't have the engulfing, F.V.G..
the last candle in the accumulation range is the Inverse FrontSide (Inv.FS)
marking the topside wick with the horizontal ray tool is to mark the SwingHigh Level. Mark the bottom side wick or body to display the Inv.FS level.
YM 9/18With a yearly high in black there might be some resistance above price. Its a major level of influence and strength. Above it I have two 15min fib levels as guesses at price targets.
below price is a weekly high support (grey), Daily median (red), an hourly trend (yellow) and a 5 min level at the 15min FS body (blue) and a monthly level (pink)
YM week 38Monthly 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 SwingLow will be the boundary/entrance/exit of the range.
Distribution ranges consist of the 1st candle called the BackSide and last candle called the Frontside. Each has expectations.
BackSide candle (BS): expectation=strong reaction to price, support price. Hold price above it. Mark this level with a horizontal ray tool on the topside wick or topside body.
FrontSide candle (FS)
expectation = support price until trend reversal. Protects the SwingLow, exit of range.
To mark this level, place the horizontal ray tool on the topside wick or topside body.
SwingLow = the bottom side wick of the FrontSide Candle. Boundary of the range.
The Accumulation Range - When price is BELOW an accumulation range then these levels will act as resistance to price.
Inverse Backside (Inv.BS)= the first candle in the accumulation range. Its marked on the bottom side wick or body of the candle.
Its usually next to a Frontside candle. Traders like to see Inverse BackSide candles engulf Frontside candles and create an impulsive Fair Value Gap.
These f.V.G's next to FrontSide levels have higher probability than those that don't have the engulfing, F.V.G..
the last candle in the accumulation range is the Inverse FrontSide (Inv.FS)
marking the topside wick with the horizontal ray tool is to mark the SwingHigh Level. Mark the bottom side wick or body to display the Inv.FS level.