YM1! US30USD DOW 2023 FEB 27

YM1! US30USD DOW 2023 FEB 27

No trades for Dow last week.

Possible scenarios:
1) Rotational play: Trades can be executed at boundary of rotation
range 34605 / 32789
2) Supply takes control = short on test and reject of 32789


Volume Analysis:
Weekly: Lower vol down bar close toward low = minor supply
Daily: Ave vol down bar close toward low = minor supply
H4: UHV vol up bar + level close up bar close toward low = supply > demand

Price reaction levels
Short on Test and Reject | Long on Test and Accept

35750 35228 34605
32789 30513 28635

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Have a profitable week ahead.