YM1!
US30USD YM1! Dow 2021 Nov 08 Week
Long on pullback for last week was good.
No surprise that price returned to test 36066.
35777-35880 must hold for uptrend to be intact.
Weekly: Average volume up bar closing off low = weakness
Daily = Average volume up bar closing off high = Weakness
H4: Reversal pattern has formed. Wait for Monday's US hours to
determine if supply will overcome demand.
Strategy for Short (Test and Reject)
Strategy for Long (Test and Accept)
Entry based on price reaction to the levels on YM1!:
37200 36952
36611 36376
36073 35880
35777 35489
35383 35155
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Have a profitable trading week ahead.
