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CBOT_MINI:YMM2016
 
     
 
    
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YMM2016 Commodities Futures Chart

 

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cbud cbud YMM2016, 15, Short ,
YMM2016: Dow or YM Futures C wave down trade
30 2 2
YMM2016, 15 Short
Dow or YM Futures C wave down trade

Preceding 1 hour trend is Up. First correction down is a clear 5 wave impulse pattern with momentum signature and volume pattern to match. The Bulish correction is overlapping, contained and described by a channel. The first impulse against trend is always an A wave in EW terms. It cannot stand alone in a correction. On the 3 min chart, the rally from today ...

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