E-mini Dow YM1! 2021 Aug 09 Week
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 bar closing level (market may pause / rotate)
Strategy for Long:
Long if 35137 holds / 34949 is tested and holds
Strategy for Short:
If price rejected at recent high 35137, or returns to 35072 and rejected = short opportunity
Remember to Like and Follow if you find this useful.
Have a profitable trading week.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.