YM inverse Head & Shoulder buyyyyyyyyyy

Discussion in 'Index Futures' started by Rickshaw Man, Jun 28, 2021.

  1. Buy it before cash close...im in 34130

    Dow Futures.jpg
     
    easymon1 likes this.
  2. easymon1

    easymon1

    Last edited: Jun 28, 2021
  3. Overnight

    Overnight

    I went in on this trade just to prove you wrong. But on Dec Contract. I give myself the time-edge.

    And the only reason is because Dow is not at ATH. In on 34055.

    The other two majors? Forget that stuff for now. Wait for the dip.
     
  4. Overnight

    Overnight

    And by the way, dude, I would like to qualify this trade a bit. It has to do with BA.

    The YM is the weakest and most fanciful of the three because it is price-weighted on 30 blue chips.

    We know McD and UnitedHealth will be fine. But Boeing is what caught my eye. BA has a good weight on this index, and this whole shit now with the 777? BA will get through it. THAT is the reason for my long. The rotation from the big boys in the Dow will stop soon. And there's some banks in there.

    And guess what time it is after Independence Day? EARNINGS SEASON, STARTING WITH BANKS! Ticket price pays for the whole seat, but you'll only need the EDGE!
     
  5. Handle123

    Handle123

    Bit higher be nice intraday short, perhaps when UK opens.
     
    beginner66 likes this.
  6. maxinger

    maxinger

    ym.png

    different people analyze it differently.

    to me, there is no inverse SHS.


    there is the left rectangle - the trendy region.

    and the right rectangle - end of the trendy region /
    useless garbage region
     
    Last edited: Jun 29, 2021
    Handle123 likes this.
  7. easymon1

    easymon1

    [​IMG]
     
  8. Overnight

    Overnight

    *Snicker*. You should see what it looks like on a renko chart. It's a mess.
     
  9. maxinger

    maxinger

    snicker. .... like on a heiken-ashi chart ....
     
  10. Overnight

    Overnight

    I don't know what that is. All I know is we are going to crash the Dow at least 10%. I should know, I am long.
     
    #10     Jun 29, 2021