Of the three stock indexes;
- CME_MINI:ES1!
- CME_MINI:NQ1!
- CBOT_MINI:YM1!
CBOT_MINI:YM1! Looks to be the pair that's frontrunning the sellside narrative as it is the 1st of the three to reverse and reject all-time highs @ 38,992, closing the week as a bearish doji candle whilst CME_MINI:ES1! and CME_MINI:NQ1! close out bullish.
Is this a...
Hello,
We identified a buy signal with high probability on Dow Jones (5$) futures in the 4-hour chart for a target of $38360 within a few hours (short-term investment).
Ibrouri
Possibly getting pushed hire. Maybe CPI Data will contribute tomorrow. I do think there is a strong pullback in the future but I don't have a crystal ball.
Hello Everyone.
Forex market seems to be stuck in a mud and we seems to be in a highly manipulative environment. but soon market is going to be normal and we will have alot of setups forming but as of now i have a Dow jones YMH2024 March contract for short..
the Current model is 2022 Model as per inner circle trader concept which is my personal favorite and the...
Now that the 200sma is starting to roll over after we had the three push pattern higher AND the false break reversal on Friday, I am looking for a meandering back up into the supply zone for a sell. My only concern is that I don't know what CPI will do. Will it spike up to hit that magical 39,000 number for another false reversal or will it spike down?
The 1 Hour...
I believe this is all she wrote on the rally inside of this monthly bearish rising wedge and that the prevailing downtrend will continue as that is the higher timeframe trend. This rally has been a counter trend rally into the main trend.
Volatility will pick back up.
First will likely sell off to the 200sma Daily, bounce into the trendline and roll over. Once...
Zoomed in closely on the Daily chart, price is now on its final third push higher into MAJOR,MAJOR Channel resistance with not very much room left to go.
I have been saying February 13th as the top and so far it is playing out nicely. I am already short at 38,760 since the near close of yesterday. I am a bit early but not by much. I decided to go with it since I...
I don't know what will happen Friday but to me, it looks like it might open up bearish into the rising 21ema only for it to bounce back and rip higher. It seems like a good target will be the top of the channel at around 39,080
This is the hourly chart.
On the 5 minute chart, the 200sma is the 1 hour 21ema, so any pullbacks into the 200sma I will be looking to...
To me it looks like Friday was the top. Monday sold aggressively down, followed by Tuesday a consolidation near the base/lows and a pullback to the 50% mark.
This up channel is looking to break soon. I have market two green lines.
The first one is the entry short using the daily timeframe. If price eliminates this green daily candle.
The second one is my...
The Dow Jones Industrial Average, Dow Jones, or simply the Dow, is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes
Still sticking with the bullish trend on the short term ( 1 Hour ), I will be waiting for pullbacks into my support zones of 1 & 2 areas. The 1 hour's 200sma is flat which tells me range. Whether price works the low or the high first is key.
My stops are always 40 ticks and targets are 85 ticks.
Last week I only took 3 trades. 2 winners and 1 loser....
E-mini Dow Jones ($5) futures are derivative contracts with the Dow Jones Industrial Average (DJIA) Index as an underlying asset. These mini futures are electronically traded and give investors exposure to the US stock market through 30 US blue-chip companies, but they represent only a portion ($5) of standard Dow Jones futures, which makes them more accessible....
I am expecting another 7 trading days of bullishness to reach its measured move of 39,275 area.
Price is bumping its head up above the 3-month chart's trend channel in this new secular bear market. This whole rally was a bearish rising wedge on the monthly chart. Before it can rally the whole 100% like I expect in 2026, it needs order flow and the slight...
Now that January monthly candle has closed, I am awaiting an engulfment candle. I will place a limit order sell under the low of the green body of January at 37,775 with my target down at 21,600 with the intent of adding more on the way down. I am planning on a 37% sell off and have been a broken record on this for months because I firmly believe this is the set...
My prediction for the next move of the market will be a drop of more than 3500 points and then move up to complete the scenario mentioned in the previous post.
short djia as per the given levels shown in the zigzag waves , do remember to add proper stoploss that will be swing high + few more points - to avoid the hunting spikes .
