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

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.

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Comment10

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