YMM1, uni-directional 5 May projected
Hi,
5 May may likely produce a uni-directional trading day. I'm not fading this first price move, and am holding a short YMM1 (June e-mini $5 Dow futures) position, a little below unchanged.
Basis YMM1 (June e-mini $5 Dow futures), 2 May printed a rally failure at a benchmark high, with a volume change, higher, greater than 10%. The next two trading sessions are equired to confirm this minor trend reversal indicator. The open was higher and the close was lower on all trading platforms (that I've reviewed, which supports the minor trend reversal indicator), except the exchange's quote, which is the source of all quotes.
The pattern is indicative of a gravestone.
5 May may likely produce a uni-directional trading day. I'm not fading this first price move, and am holding a short YMM1 (June e-mini $5 Dow futures) position, a little below unchanged.
Basis YMM1 (June e-mini $5 Dow futures), 2 May printed a rally failure at a benchmark high, with a volume change, higher, greater than 10%. The next two trading sessions are equired to confirm this minor trend reversal indicator. The open was higher and the close was lower on all trading platforms (that I've reviewed, which supports the minor trend reversal indicator), except the exchange's quote, which is the source of all quotes.
The pattern is indicative of a gravestone.
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