DOW YM US30
So this is a very tricky one bc i dont see it actually taking the 3D low. I see it creating SMTs at the lows and then we run. The big buy for the week should start either Thursday NY session or Wednesday PM session. Until then Price is reversing aggressively off these highs. REMINDER TOMORROW IS MONTHLY CLOSE THERE FOR MONTHLY SETTLEMENTS CLOSE. This means market offloading should occur. Due to the uncertainty I anticipate that we close lower. I dont want to see dow break40264. If we go lower then 39754 will start the big buy for NFP..
So this is a very tricky one bc i dont see it actually taking the 3D low. I see it creating SMTs at the lows and then we run. The big buy for the week should start either Thursday NY session or Wednesday PM session. Until then Price is reversing aggressively off these highs. REMINDER TOMORROW IS MONTHLY CLOSE THERE FOR MONTHLY SETTLEMENTS CLOSE. This means market offloading should occur. Due to the uncertainty I anticipate that we close lower. I dont want to see dow break40264. If we go lower then 39754 will start the big buy for NFP..