Technical & Trade View
Dow Jones (emini futures continuous contract)
Bias: Intraday Bullish Above Bearish below 32200
Technicals
Intraday 32200 is primary support
Primary pattern objective is 34000
Acceptance above 33050 next pattern confirmation
Failure below 32200 opens a test of 31900
20 Day VWAP bullish , 5 Day VWAP bullish
Notes
33240 symmetry swing resistance long positions should be risk free if tested
Headline risk FOMC decision
Prefer to play bullish reversal patterns at support on H4/H1 timeframes
Dow Jones (emini futures continuous contract)
Bias: Intraday Bullish Above Bearish below 32200
Technicals
Intraday 32200 is primary support
Primary pattern objective is 34000
Acceptance above 33050 next pattern confirmation
Failure below 32200 opens a test of 31900
20 Day VWAP bullish , 5 Day VWAP bullish
Notes
33240 symmetry swing resistance long positions should be risk free if tested
Headline risk FOMC decision
Prefer to play bullish reversal patterns at support on H4/H1 timeframes
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results