In this update we review the recent price action in the emini Dow Jones and identify action areas for the week ahead and price objectives to target
•Past performance not indicative of future results
Short Term Elliott Wave view in Dow Futures (YM) suggests cycle from 7.10.2023 low is about to end as 5 waves impulse. From 7.10.2023 low, wave i ended at 34211 and dips in wave ii ended at 34060. The Index rallies again in wave iii towards 34493 and pullback in wave iv ended at 34410. Final leg wave v ended at 34792 which completed wave (i). Index then pullback...
E-mini Dow Jones looking good to long right now because the trend currently bullish. The risk reward 2:1 also is a good reward and this is a good trade.
In this update we review the recent price action in the emini DowJones futures contract and identify the next high probability trading opportunity and price objectives to target
•Past performance not indicative of future results
In this update we review the recent price action in the emini DowJones futures contract and identify some high probability action areas for the trading week ahead
•Past performance not indicative of future results
Posting this to track the progress in the Dow Jones futures.
Currently forming a rounded top, expecting it to behave like a rising wedge. If you expect this to go bearish, don't be surprised if we get an overthrow before it breaks down. If it does breakdown, this forms a perfect double top.
If this breaks out and sustains the breakout, look to the following time...
In this update we review the recent price action in the emini DowJones futures contract and identify high probability action areas for the trading week ahead and price objectives to target
*Past performance not indicative of future results
Throughout the world, we see patterns arising. To some, they may seem like nonsense, but to others, there are certain formations that at times can be warnings of what's to come, as seen in this comparison. Bitcoin and the Dow are starting to match up in wave formation patterns, with Bitcoin being the leading indicator for future moves in the Dow. While this all...
- Trades taken using confirmation entires have a higher probability for sucess.
- Using an initial 1:1 target is recommended for reducing risk.
- Short-term income trade ideas are good for the day unless otherwise stated.
*** For educational purposes only ***
Alert=Fino 161% on weekly chart show upper target is 38500 , so be careful from sell
for now if last low not break ,it will go up , so buystopon last high is good idea (sl=low)
if you have old sell, 100% put hedge buystop in last high,,,brak it mean uptrend will story
goodluck
Dow Jones is taking a breather near the resistance at 34 363 points, showing (again) a distinct response to this mark. Soon, though, the index should resume the ascent to develop the top of wave (i) in blue, which should then initiate a prominent downward movement. However, there is a 30% chance that Dow Jones could drop below the support at 32 246 points,...
