$E-mini Dow Jones - main 2306(YMmain)$

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment10

  • Top
  • Latest
  • PUSHo
    ·2023-04-16
    it shows positive trendency from the chart although there still exist slight volitile.
    Reply
    Report
  • JeremyEe
    ·2023-04-16
    ccf
    Reply
    Report
  • Ugly face
    ·2023-04-16
    ok
    Reply
    Report
  • Pandaaa
    ·2023-04-16
    k
    Reply
    Report
  • Tiramisu2020
    ·2023-04-16
    cool
    Reply
    Report
  • LunaticETF
    ·2023-04-16
    [OK]
    Reply
    Report
  • threadfin
    ·2023-04-16
    [OK]
    Reply
    Report
  • henghm
    ·2023-04-16
    like
    Reply
    Report
  • boonk
    ·2023-04-16
    great
    Reply
    Report
  • CL_Wong
    ·2023-04-16
    Ok
    Reply
    Report