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Ym

YM - Daily / Cake Rotation Meets BacopnSo much for Hiding from the Mouse Jerome, he keeps hiding the Cheese. Dip Buyers tried rotation 3 times... and failed. Ouch. Now down 1500 from the Highs just a few short weeks ago, all was good until - it wasn't. Is not good. No relief, no Countertrend, no rotation, no safety, no nothing but a big double oot to the cranium. 33,000 - 31.000 should complete when 4 Primary completes it's 5/5. ____________________________________________________________________ Everything Paper is being beaten with the ugly stick.
CBOT_MINI:YM1!
by HK_L61
YM - 15 Minute / Below Trending Could and the failed Rotation to Value in early 2022. This has been an interesting week for the follow on Trade into what was considered safety - Value. It has not quite worked out as the YM plunged nearly 1000 Points from the proper Weekly highs. It sits in a tenuous position in need of conviction that simply isn't taking shape with further follow on Bids. _____________________________________________________________________ It is meandering ahead of Money Center EPS foR JOM BOA WELLS CITI etal. JPM Is Friday and tends to act as a Pivot for the DOW.
CBOT_MINI:YM1!
by HK_L61
YM - Daily / The 3 TLsThe DOW caught an early New Year's Bid into traditional Value. Rotation Failed in 48 Hours giving up nearly 800 off the Highs. Suggesting, "safety" isn't perhaps here. _____________________________________________________ The lower Trend Line from the prior Lows is above the Monthly Gap Fill @ 28,200. ______________________________________________________ The INDU/DOW/YM is an interesting Mix of Components, which are well balanced among Technology, BioTech, Pharma, Financials, AeroSpace, Consumer Staples, Consumer Discretionary, Defense, Heavy Equipment, Materials, Energy, Leisure, Foods, Employment. The DOW will always catch the initial Saftey Bid, the Issue is far larger than Pricing Power - but one of retention and a contraction in overall Global Economic contraction(s). American Express Amgen Apple Boeing Caterpillar Cisco Systems Chevron Goldman Sachs Home Depot Honeywell International Business Machines Intel Johnson & Johnson Coca-Cola JPMorgan Chase McDonald’s MMM Merck Microsoft Nike Procter & Gamble Travelers Companies Inc UnitedHealth Group Salesforce.Com Verizon Communications Inc Visa Inc Walgreens Walmart Inc Walt Disney Dow
CBOT_MINI:YM1!
by HK_L61
ALERT: fibo 161% show dowjones can fly up to 38000as predict 10 days ago , dow reach 36800 area , now if dow break 37000 ,can go up wild to 37000 in green arrow we can put buylimit above green arrow with sl=80 trailstop=80 sellimit near red arrow 36900 with sl=80 trail=80 is good order too if you have buy , dont close buy sooner than red arrow(37000 trend line) if you have old sell , when dow reach above green arrow , hedge your sells advice=still 90% looking for buy in deep with low size and sl (dow, index love buy) wish you win
CBOT_MINI:YM1!Long
by ramin_trader2006
8
Elliott Wave View: Dow Futures (YM) Ending Wave 5Short Term Elliott Wave View in Dow Futures (YM) suggests rally from December 2, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from December 2 low, wave 1 ended at 36030 and dips in wave 2 ended at 34547. Index then resumes higher in wave 3 towards 36572 and pullback in wave 4 ended at 36120. The internal subdivision of wave 4 unfolded as a zigzag structure where wave ((a)) ended at 36121, wave ((b)) ended at 36435, and wave ((c)) ended at 36125. Wave 5 is currently in progress as another impulse in lesser degree. Up from wave 4, wave ((i)) ended at 36347 and pullback in wave ((ii)) ended at 36153. Index then resumes higher in wave ((iii)) towards 36804. Near term, as far as pivot at 36125 low stays intact, expect wave ((iv)) dips to find support in the sequence of 3, 7, or 11 swing for 1 more push higher to end wave ((v)). The move higher should also complete wave 5 of 5 of ((1)) in higher degree. Afterwards, expect a larger pullback in 3 waves at least to correct cycle from December 2, 2021 low.
CBOT_MINI:YM1!
by Elliottwave-Forecast
1
YM - Weekly / Rotation Trade Failure @ PresentThe INDU/DOW/YM illusion remained strong until it did not. After the FED Squeeze to complete the Gap FIlls on all Indexes, everything reversed, Growth being the leader. Charts are Hiding the Monthy Break Away due to Continuous Contract in the Futures. See CASH DOW. _____________________________________________________ Not everyone can afford a Mortgage, Cyrptop, and Pokemon resurgence or contemporary Art Collecting. As we lean into EPS for Q4, Alcoa kicks off EPS for the DOW as the Pivot Company January 19th, 2022. Primary Banks and Financials will lead into the Industrials reporting EPS. _____________________________________________________ The Range is interesting as it is quite large with 8000 total Ticks to the Lowest Monthly Gap Fill. 33K is a Gap Fill, 31K remains the Lower Boundary for Now. We may not fill the 28.2K Monthly Gap until later this year, it will depend upon Confidence and unseen/unknown Events. I've mentioned Political turmoil will begin to accelerate into Mid-2022 with those left behind becoming decidedly uncomfortable with their arrangements with regard to Direct Stimulus. Gates will not be looking for Share Croppers. How Capital re-arranges itself will be heavily dependent on Bond Volatility - which was building unit the FED began to crush it with further YCC. A great many variables in front of us.
CBOT_MINI:YM1!
by HK_L61
YM - 600+ RT TodayOverdue for a Prop after placing a nice DB on the Lower Trendline. The order of the Day, the Straggler - NQ whose Price action is a bit much to stomach at this point. BANK is driving the ES YM RTY Higher as it is now up 3.76% - and has a higher Gap to Fill well above 5K. Sectors rotation to some Value Trades, but remains in Distribution Mode into the Next level of Fills. It should continue to Grind Higher for now. The ES Remains 100 Handles below the Key 4678.25, doubt it can recover that level, but they will attempt it, it's just FED Chits after all. Technically the Damage done remains - Equity Markets will retrace, only to be sold once again. _____________________________________________________________ Underlying Breadth remains terrible and Indicies are being propped via the Usual Heavy Weights. Oil helped provide a boost to confidence overall as it reached the PO and reversed $5. Never hurts to have the Black Gold along for the rise. Bottom Callers are beginning to pick up the pieces for a Year-End Rally. December Volumes Die off after the 17th and with the Pelican out December 14/15 with more bad news - Operators will attempt to make this "Just another 5% decline, a Dip to Buy"
CBOT_MINI:YM1!
by HK_L61
DOW - Leads the PlungeLong overdue for NQ RTY ES to play catch up. They finally did, the clock was ticking. ________________________________________ Position - INO / CASH Selling the NYSE open was the Setup as Indicated. Patience and diving in worked quite well - our day was complete prior to 11 AM EST. We closed ALL Sells/Buys in NQ ES RTY YM UVXY VIX VXX and a Few Equities - AMZN TSLA AMC GOOG AAPL MSFT TQQQ __________________________________________ Energy will have a strong recovery as will BioTechs with all the new Covid Variants popping up like Daisies. __________________________________________ All Globex Sells were Closed prior to NYSE Open. The lower lows were not surprising as Ranges expanded with the NQ is now 897 to 786 as the Lower Range. 414/418 NQ Entries were pressed by Sellers and then the Chase after the NYSE open where pressing.500%418s was the order of the AM Session. ES 4505 remains the Pivot for Lower. YM folded up as Indicated, it is the Leader. RTY - Small Caps have very little to gain and have been left for Dead as a parking lot. ____________________________________________ Extended Valuations / PEs / PSs / MArgin / DEBT / Delta all contributed to the long overdue SELL. There was frankly no recovering from the NYSE Plunge - although it was on and the Big 7 were sold in large Size. _____________________________________________ The NQ has some catching up to do on a percentage Basis... _____________________________________________ Not quite the Black Friday everyone was jazzed about. A great many were looking up and with good cause, the Operators kept in play as long as possible but ultimately showed their hands. VX is going to continue to Pick Up. ______________________________________________ Hopefully, we are underway to Visit the 200SMAs - it is very Overdue. Was pleased to see UVXY show its hand as well, Up nicely by 33%. ______________________________________________ Hopefully, everyone here had a very prosperous trading day. Charts will be updated this Weekend. Have a great weekend everyone.
CBOT_MINI:YM1!
by HK_L61
8
YM - Leaders LeadCrude Oil and the DOW have been the ever-present reminders. Wild Swings for Fills worked for Both. Crude Oil made a 7 Tick Front Run of the 50%, YM Traded it to perfection reaching the Upper Trend Line. We will need to see how the NYSE open Response - Panic Sell into a Waterfall decline or a Retracement into the Next Fill for Lower. c The YM's Range is now down to 33,021 and then 31,112. Quite Large. No need to chase, the 50'% or .382s remain the Fills. Friday, Black Friday to a Retracement into the next Sell __________________________________________________________ We remain SOH until NYSE open closed all Globex Sells and will be 100% CASH for Today until our overhead FIlls are tagged, the probability is they will not be met and we are just fine with this as Globex was a very Profitable GIFT. Freaky Friday is underway.
CBOT_MINI:YM1!
by HK_L61
4
dowjones must see 35000 area in coming week if + big news not come , dow will see 35000 in green arrow we must put buylimit with sl=80 ok? after open,we must dont close buy soon with little profit , we must wait 10-15 day until fibo 161%( new high minimum 36800 area ) if you have old sells , must close around 35000 and pick buy and wait 15 day until near 37000( dow in way to 40.000) if you have buys(not for hedge buys),you can close around red arrow (support , EMA200 1hour) and wait until 35000 good luck , want you success
CBOT_MINI:YM1!Short
by ramin_trader2006
1
YM - Daily / Weakening StructureLower Price Objective Front Run on Friday's Close. Pinned to Expiry. Lower 35100 Price Objective in Trade. ______________________________________________ DOW leading is never a good sign. It is now in a 13/13 Count with a great many Gaps below all the way down to 28.212. 34,200 33,700 33,100 31,013 The Larger Weekly TF POs. ______________________________________________ Traders find this difficult to Fathom. It will depend on ob the Larger Count Structure we indicated a few weeks back with respect to 4/4 complete or 3/3 Completing. ______________________________________________
CBOT_MINI:YM1!
by HK_L61
3
ES NQ YM etal...Well, that was exciting. YM Busted down again. ES failed to Confirm, but likely will next week. NQ - Another Gap below to fill, not terribly bummed it didn't fill, but Solid Profits on Large Positional SELL @ FR of PO. It was interesting NQ had 3 - 609/611 - 621 - 640. Closed 16/32 @ .500% (559s) - 16 Keepers for Monday. We took 50 Handles x 48, more than good enough. _______________________________________________ We are now back in the same position with respect to Delta. They are attempting to generate a Chase in order \to see if Retail will take the Bait. Retail is so far in over their Heads they'll need to Sell Organs to add further Leverage. Therein lies the Problems for Wall Street, there is More to gain Due South. ________________________________________________ Financials Closed roughly Flat on the Day. DX/JPY is of deep concern... Fat DUMP in front of us next few days - IMHO. ________________________________________________ Have a Spectacular Weekend Everyone.
CME_MINI:ES1!
by HK_L61
1
YM - 1 Hour 8/8Day 8 of the Trading Range and the YM continues to weaken. Unable to break above the Speed Settings for both the Momentum and Trending Clouds. ____________________________________________ Equity Holders have used Cash Out ReFi's to purchase more Stocks, while Corporate America is on a Share Buyback Frenzy with $1.021 Trillion CASH Holdings. Overall Debt to Equity Leverage is the Highest Levels across All Streams. Margin Leverage ATHs. ____________________________________________ Extreme Financial Distortions are ever-present and growing.
CBOT_MINI:YM1!
by HK_L61