Micro E-mini Dow Jones Industrial Average Index FuturesMicro E-mini Dow Jones Industrial Average Index FuturesMicro E-mini Dow Jones Industrial Average Index Futures

Micro E-mini Dow Jones Industrial Average Index Futures

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YM1!
using my
ST – EQ Bands, VWAP [Soothing Trades]

W, is rejecting
D, at equilibrium
4H, rejecting

Going below last W low, then I think we are going lower
44.500
Snapshot



YM1! Heading into the open, we're still inside TPO prior value (see yellow area). Scalpers may be able to fade (short) from the top of VAH - particularly after a stop run of prior swing high.

If you're bullish, either wait for a breakout of the yellow area and pullback or wait to fade from the lower part of the rectangle.

Higher timeframe bias unclear, so for scalpers, may be a good opportunity to just play inside this value area and take profits after 1-2 measured moves.




YM1! YM was pretty obvious today cuz the way it was consolidating while others were pumping