confluences are DR IDR confirmed on the short side and there is also an unfilled VIB for speculation for a short trade
Looking for a run into that short them high before a PB. to get the TRUE longs with daily bias
All in the video, I believe we are close to a turn although a stab above 4700 would be ideal to take out the majority of bears who are still hanging on. A few days to go higher at most, but I believe the parade is ending soon. Last update I thought we would float up into christmas but now it looks like we will top before then. Good luck!
Dow Futures (YM) has broken to new all-time high, suggesting the trend remains firmly bullish. It also suggests the next bullish cycle has started. Short term, rally from 11.10.2023 low is currently in progress as a 5 waves impulse Elliott Wave structure. Up from 11.10.2023 low, wave ((i)) ended at 36337 and dips in wave ((ii)) ended at 36022. Internal...
December E-mini Dow Jones Index futures continued the uptrend that saw a break above the resistance line formed by connecting the high in January 2022 with the high in July 2023. With CPI, PPI, and a Fed announcement this week, there are certainly enough possible catalysts to turn this market to the bearish side. The MACD showed a bullish cross about a month ago...
The provided chart is a 2-hour time frame analysis of the Micro E-mini Dow Jones Industrial Average Index Futures (MYM), highlighting a 'Bullish Flag' pattern. This pattern suggests a continuation of the existing uptrend after a period of consolidation. Description: The pattern is characterized by a sharp upward movement in price (the flagpole), followed by a...
price confirmed on the upside and analyzed dr lens data for target 1.5-1.7 std
Dow Futures (YM_F) shows incomplete sequence from 10.3.2022 low favoring further upside. Rally from 10.3.2022 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from 10.3.2022 low, wave (1) ended at 35228 and dips in wave (2) ended at 32409. Wave (3) higher is in progress as an impulse in lesser degree. Up from wave (2), wave 1 ended at 34315 and...
Dow Jones Futures (YM) have experienced a notable resurgence since the bottoming of 30-year bonds in late October, leading to lower yields. This rally in risk assets has propelled the Dow to trade at 52-week highs, overcoming the prevailing headwind of interest rates throughout much of the year. Recent robust earnings from Salesforce positioned the Dow for...
Will be looking for Higher Price. once we get into the 2H Fair Value Gap
Weekly chart with ichimoku. The LS has broken its trend line, confirmation of the uptrend. RSI at 64.12%, MACD ok. Next goal, the highest at 36826 points. Make up your mind.
This is going back down to a previous failed range and retesting it as support. I am Bullish BIAS. Going long for higher time frame targets
YM took sellside liquidity below Asia Low. Bullish breakers on 5M and 15M. Target - resent swing high for 1:2,2 RR. In line with overall recent uptrend
Looking for YM short off the current 2Hour Fair Value Gap, down to sell side liquidity
Looking for slight pull back with price action that supports bullish narrative, around 34,900 then buying on bullish engulfing candles. Looking for Down close candles being rejected to form bullish engulfing. I'm not a genie or oracle so it's difficult to predict if it takes out the highest before moving lower or vise versa . This is the Third and Final leg up...
I believe we are at the C portion and will not get fooled by this short term rally. I am expecting another leg down to D to close out the remainder of the year and the first quarter of next year. I believe D area just slightly under the rising weekly 200sma will be PRIME buying for the, in my opinion, the final leg up in this bear flag channel to either 37000 or...
Based on recent price action that correlates between Day chart to 15min a bull run seems to be coming after consolidation, but may do a pull back to 33830 range.
This trade triggered last night and has retested our original demand zone. 4 hour chart trend is up 1 hour trend is up but sideways. 15 minute retest of a demand zone. Target is set at previous structure high.