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Ym1!_analysis

Chart Idea - Bearish Setup on YM1!E-Mini Dow Jones had been making a bearish divergence on daily TF since July 2024. We also have been seeing it in an upward trend since Aug of this year. It finally it breaking today. It seems that the daily candle will close below the trend line today. If it does, we can look at the beautiful short setup on the retracement. Entry - 42950-43000 SL - 43600 TP1 - 42000 TP2 - 41000 We hardly see these kind of clean setups. There is a high probabilty that it will play out before elections in November. Not a financial advice !!
CBOT_MINI:YM1!Short
by smwajeeh
YM Short Trade SetupShort Trade Setup: Entry: Look for a break below the recent consolidation low, around 39,425. A breakdown with increased selling volume could signal further downside. Stop-Loss: Place the stop-loss just above the consolidation high or a recent resistance level, around 39,560. This minimizes risk in case of a false breakdown. Target: Set the initial target at the previous support area of around 39,225, with the potential to extend lower if the bearish trend continues.
CBOT_MINI:YM1!Short
by Derrick_Washington
YM Long Trade SetupLong Trade Setup: Entry: Look for a break above the recent consolidation high, around 39,560. If the price breaks above this level with strong volume, it could indicate a bullish move. Stop-Loss: Place the stop-loss slightly below the consolidation low or a recent support level, around 39,425. This helps protect against a false breakout. Target: Set the initial target at the recent high of around 39,850, with a potential to extend to higher levels if the bullish momentum continues.
CBOT_MINI:YM1!Long
by Derrick_Washington
US30, DowJones. Weekly trading levels 13 - 17.05.2024During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no arrows with direction), so zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Comments are welcome. Feedback is very important to me!
OANDA:US30USD
by Forex_Hoby
YM (US30, Dow Jones Industrial Aveage) Puts in a Double TopYM (US30) 4 Hour, Fibs: Traded the first bear fib after the double top and saw it trade past its objective yesterday. The Dow has been one of the weaker indices of late, after outperforming most of the year. It didn't even make it up to the 50% line, selling off at the 38.2% line in the initial down move. Then, yesterday, on the rebound, it traded it's halfway back short. ####TRADE ALERT#### YM (DOW 30) Call: Short Entry Type: Market 39320 SL: 39500 TP1 / TP2: 38636 ################### Normal Size Position - Much Better Entry at A Series Fib with a Much Larger Reward:Risk 900 points of reward:200Points of Risk
CBOT_MINI:YM1!
by CeresTrader
YM1! US30USD DOW 2023 MAY 08 WEEKCBOT_MINI:YM1! Test and reject of 34275 for first week of May: Entry: 34105 | Risk 100pts (reduced size) | Exit 33674 | Profit 430pts Now that YM has exited rotation, and tested boundary, we may see the likelihood of a rejection trade from 33670. Set your alarm there. Possible scenarios: 1) Test and reject of 33670 = short Volume Analysis: Daily: High volume breakdown from rotation, followed by lower vol up bar close off high = confirmation of supply overcoming demand H4: Lower vol up bar close off high = weakness Price reaction levels Short on Test and Reject | Long on Test and Accept 35228 34605 34275 33670 32681 31657 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
YM1! US30USD DOW 2023 APR 17 WEEKCBOT_MINI:YM1! YM1! US30USD DOW 2023 APR 17 WEEK Previous long scenario2 at 32595 // 33590 worked well. Potential weakness observed. Market now is approx. 500pts away from 34605. Possible scenarios: 1) Trade to be guided by channel 2) With weakness observed, wait to short at channel's supply line or rejection at 35228 // or 34605 previous rejection area Volume Analysis: Weekly: higher volume up bar close off high = minor weakness Daily: Higher vol mark up to close lower, and a close below middle of bar = potential weakness Price reaction levels Short on Test and Reject | Long on Test and Accept 35228 34605 33590 32595 31657 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
YM1! US30USD DOW 2023 APR 03 WEEK YM1! US30USD DOW 2023 APR 03 WEEK Price was marked up on low volume = possibility of trapping longs. Keep your stops tight if you are holding long positions. Possible scenarios: 1) Sell if False break of 33590, test and reject of recent high 2) Long on test and accept of 32595 // 33590 Volume Analysis: Weekly: Low vol up bar close off high = possible selling, trapping longs Daily: Wide spread low vol up bar close off high = possible selling, trapping longs Price reaction levels Short on Test and Reject | Long on Test and Accept 35228 34605 33590 32595 31657 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
YM1! US30USD DOW 2023 Mar 27 YM1! US30USD DOW 2023 Mar 27 Support long at 31747 was good. Note the trendline resistance at the moment. I'll be back in April, keep profits and rest from cold. Possible scenarios: 1) Short on reject of 32789 Volume Analysis: Weekly: Ave vol up bar close off high (some supply present) Daily: Ave vol up bar close toward high Price reaction levels Short on Test and Reject | Long on Test and Accept 34689 32789 30513 28635 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
YM1! US30USD DOW 2023 Mar 20 YM1! US30USD DOW 2023 Mar 20 During the week, the formation of A-A1 rotation offered rotational play opportunity. Demand has built up, with weekly bar showing loss of selling momentum. But it takes time for the vessel to turn, so wait for support to manifest before going long Possible scenarios: 1) Rotational play between 31750 - 32600 (approx 850pts range) 2) Continuation long = long on retracement, to test 33590 3) Short if 31747 was broken through and becomes resistance Volume Analysis: Weekly: Higher vol, narrower spread down bar close off low = reduced downward momentum Daily: Ave vol down bar close toward off (non-trend changing) Price reaction levels Short on Test and Reject | Long on Test and Accept 34689 32789 31747 31097 30513 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
YM1! US30USD DOW 2023 Mar 13 YM1! US30USD DOW 2023 Mar 13 Short on reject of 32789 offered very good returns for those who were able to trade during the US afternoon hours. Ease of movement to the downside observed. Possible scenarios: 1) Short on test and reject of 32789, possible target 31100 Volume Analysis: Weekly: Ave vol down bar close toward low (non-trend changing) Daily: Low vol E=R down bar (non-trend changing) Price reaction levels Short on Test and Reject | Long on Test and Accept 34689 32789 30513 28635 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
YM1! US30USD DOW 2023 JAN 29 YM1! US30USD DOW 2023 JAN 29 No trades taken for Dow last week as price stayed away from the boundary of the rotation zone. Market crawled up on declining volume, a sign of weakness. Possible scenarios: 1) Rotational play: Trades can be executed at boundary of rotation range 34605 / 32789. - Long if supported at 32789-33037 - Short if rejected at 34605-34432 2) Rotational breakout/breakdown: - If price breakout, long when price retraces and finds support - If price breakdown, short when price retraces and is rejected Volume Analysis: Weekly: Ave vol up bar close off high = No demand Daily: Low vol up bar close off high = No demand H4: Ultra High vol up bar close off high, followed by ave vol down bar = weakness confirmed Price reaction levels Short on Test and Reject | Long on Test and Accept 35750 35228 34432-34605 33037- 32789 30513 28635 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
1
YM1! US30USD DOW 2023 JAN 23 YM1! US30USD DOW 2023 JAN 23 Last week, Dow Scenario1 rejection of 34605 short yielded 900pts (trail stop TP). With this rejection, DOW now exhibits rotation behavior 34605 - 32789. Possible scenarios: 1) Rotational play: Trades can be executed at boundary of rotation range 34605 / 32789. - Long if supported at 32789 - Short if rejected at 34605 2) Rotational breakout/breakdown: - If price breakout, long when price retraces and finds support - If price breakdown, short when price retraces and is rejected Volume Analysis: Weekly: Low vol wide spread S>D bar = weakness Daily: Ave vol up bar close at high = No demand H4: High vol up bar closed off high = minor weakness Price reaction levels Short on Test and Reject | Long on Test and Accept 35750 35228 34416-34605 32789 30513 28635 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
1