E-mini Dow Jones Industrial Average Index Futures (Jun 2024)E-mini Dow Jones Industrial Average Index Futures (Jun 2024)E-mini Dow Jones Industrial Average Index Futures (Jun 2024)

E-mini Dow Jones Industrial Average Index Futures (Jun 2024)

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YM1! 77 tic reward in 40 minutes.

Price action in general was shite today but a range had formed after spooz range.

Once price entered a premium 1hrBISI, and created a IFVG, we sold to Sell side Liquidity.

1.57 RR
Snapshot

YM1! Triple Witching today. Manipulation is expected. BEWARWE!!

MYM1! is about to load a crazy move to the upside from 47,650


YM1!
using my
ST – EQ Bands, VWAP [Soothing Trades]

W, is rejecting
D, at equilibrium
4H, rejecting

Going below last W low, then I think we are going lower
44.500
Snapshot



YM1! Heading into the open, we're still inside TPO prior value (see yellow area). Scalpers may be able to fade (short) from the top of VAH - particularly after a stop run of prior swing high.

If you're bullish, either wait for a breakout of the yellow area and pullback or wait to fade from the lower part of the rectangle.

Higher timeframe bias unclear, so for scalpers, may be a good opportunity to just play inside this value area and take profits after 1-2 measured moves.