US30USD YM1! DOW 2022 MAY 23 Week

22 May 2022

US30USD YM1! DOW 2022 MAY 23 Week

Last week scenario2 test and reject short was good.

Play scenarios mapped out:
1) Test and reject 32167 or supply line of channel for short
2) If market reaches 29523, wait for price reaction as
it was previous resistance turned support

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

36446 35750 35330
34945 34027 33066
32554 32492 32167

Weekly: Ave vol down bar close off low = minor strength
Daily: Ave vol up bar closing off high = minor strength
H4: High vol up bar closing at high = strength

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Have a profitable week ahead.