US30USD YM1! Dow 2021 Nov 29 Week E-MINI DOW ($5) FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CBOT_MINI:YM1! paradox677 US30USD YM1! Dow 2021 Nov 29 Week Market took advantage of the holiday to trap longs and moved aggressively downward to take out stops, and test a previous demand area. Will this be shakeout or bearish absorption? Market will tell us by Monday's close. Weekly: Average volume side spread down volume bar closing off high = some demand present. The bar test a previous high volume bar. Daily = Ultra wide spread very high volume bar closing on low = weakness present. H4 = Ultra high volume ultra wide spread down bar closing on low = Strength or bearish absorption. Strategy for Long (Test and Accept) Strategy for Short (Test and Reject) Entry based on price reaction to the levels on YM1!: 37524 37100 36446 36255 35988 35550 34881 34121 33718 33383 32906 Remember to like and follow if you find this useful. Have a profitable trading week ahead.