US30USD YM1! Dow 2021 Oct 18 Week

YM1!

US30USD YM1! Dow 2021 Oct 18 Week

Market approaching previous high
Some whipsaw expected. Preference is to long when
price come to test the lower levels.

Weekly: High volume up bar closing at high = Strength
Daily: High volume up bar closing on high = Strength
H3: Shortening of thrust in the last few bars.
Keep stops tight if long. Wait for price to
return to lower levels and long when price finds
acceptance.

Strategy for Short (Test and Reject)
Strategy for Long (Test and Accept)

Entry based on price reaction to the levels on YM1!:

36611 34489
36000 34126
35547 33908
35347 33610
35171 33383
35000 32858

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Have a profitable trading week ahead.