YM1! US30USD YM1! Dow 2021 Oct 18 Week Market approaching previous high Some whipsaw expected. Preference is to long when price come to test the lower levels. Weekly: High volume up bar closing at high = Strength Daily: High volume up bar closing on high = Strength H3: Shortening of thrust in the last few bars. Keep stops tight if long. Wait for price...
YM1! US30USD YM1! Dow 2021 Sep 27 Week Eventful week last week as we saw the highest sell volume appeared ever since the up trend. If you are long, tighten your stops. High demand volume reaction up was impressive. Could be covering of loss positions, profit taking and initiating of fresh positions. Weekly: Ultra wide spread high volume bar closing near...
YM1! US30USD YM1! Dow 2021 Sep 13 Week Weekly/Daily: Ultra Wide Spread down bar closing on low, took out previous low 34494. Will this previous support hold? Potential for spring IF price can close above 34494 in LTF. H4: Diminishing volume on decline, we may see some strength return. Strategy for Short (Test and Reject) Strategy for Long (Test and...
YM1! US30USD YM1! Dow 2021 Aug 30 Week Market approaching previous high. Weekly/Daily still uptrend, H4 still rotation. Preference is to short when price breaks resistance and closes below it. If it is breakout, then wait for price to return to breakout level and long. Weekly: High volume up bar = Strength Daily: High Volume Up Bar approaching recent...
YM1! US30USD US30USD YM1! Dow 2021 Aug 23 Week Weakness per last week's analysis proved profitable. Weekly: Ultra Wide Spread UHV down bar close in middle = Strength Daily: Up bar on high volume close above high of previous bar = Strength. H4 = Higher low formed Strategy for Long (test and accept) 1) 34495 - 34569 2) 34775 3) 34948 Strategy for Short...
YM1! US30USD YM1! Dow 2021 Aug 16 Week Weekly: Ultra Wide Spread High Volume bar close off high = Weakness Daily: Upthrust, close lower third of bar = weakness H3: Shortening of Thrust, Upthrust H1: Shortening of Thrust, Upthrust, diminished bullish volume Strategy for Long (test and supported) 1) 35220 - 35268 2) 35165 3) 35000 Strategy for Short (test and...
YM1! E-mini Dow YM1! 2021 Aug 09 Week Monthly - Ultra Low Volume, Ultra Tiny Up Bar = may usher in Change in Behavior (takes time) Weekly = High Volume with Narrow Spread = Weakness, net progress from previous week's high = narrow = Weakness (Note, no change in behavior yet) Daily = High Volume Up bar Close off High (Weakness, keep stops tight) H4 = 2 H4...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron