emehoke

Dow. strong movement last week, wrong side of recent trendline.

CBOT_MINI:YMU2021   E-mini Dow ($5) Futures (Sep 2021)
Dow has been strong recently, and is now on the selling end of the trendline it created during that move. It has bullishly reacted off the recent .5 fib retrace, and it has bearishly given a long wick into a resistance area.

I can't tell if this is a wild prediction or not to be fair. I think I may be getting too specific.
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