YM 9/18With a yearly high in black there might be some resistance above price. Its a major level of influence and strength. Above it I have two 15min fib levels as guesses at price targets.
below price is a weekly high support (grey), Daily median (red), an hourly trend (yellow) and a 5 min level at the
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I am anticipating a Bullish close on Thursday to close above these highs for a 1% rally. Then Friday to wipe the board to start the move back down to the other side of the range for the true support Long.
I will continue to look for Sells until support. This is a Bearish range at the top.
Revision to Prior Idea. Range Bound SellsI want to scratch my prior idea as the market is showing me it is in a distribution phase in this range.
I am confident that the all time high will hold until price pulls back down to the prior low of 43,400 and then take out the all time high.
Does this look familiar?
The exhaustion bar wi
ym 9/199 lines on the chart today
The hourly local distribution trend seems to be gaining strength.
Monthly timeframe Pink
Weekly = Grey
Daily = Red
4hr = Orange
1hr = Yellow
15min = Blue
5min = Green
4 candles, 6 Levels, & MarketMeta
Range = 2 or consecutive candles of the same color.
Distribution R
YM week 38Monthly timeframe Pink
Weekly = Grey
Daily = Red
4hr = Orange
1hr = Yellow
15min = Blue
5min = Green
4 candles, 6 Levels, & MarketMeta
Range = 2 or consecutive candles of the same color.
Distribution Range - When price is above a distribution range it will act as support. When price is below, the
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Frequently Asked Questions
The nearest expiration date for US 30 is Mar 19, 2026.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell US 30 before Mar 19, 2026.