US30USD YM1! Dow 2021 Oct 11 Week

YM1!

US30USD YM1! Dow 2021 Oct 11 Week

Market had been ranging for 3 weeks, still awaiting resolution of
supply and demand.

Weekly: High volume up bar closing off high = some supply present.
Daily: Friday saw low volume up bar closing off high = Weakness
H3: Some demand has returned to support the market from 06 Oct. YM1!

Friday's effort from sellers didn't yield much result = Some strength

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

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

32220 - 32250
33383 - 33478
33715 34126
34364 34854-34934
34554 34674
35250 35500 - 35550

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Have a profitable trading week ahead.