YM1! US30USD DOW 2023 June 12 Week

YM1! US30USD DOW 2023 June 12 Week

No change to previous analysis, observing reaction to 34605-34275 area. Last Friday's up bar
showed significant weakness.

Possible scenario:
Short if 34605-34275 is rejected again
Reason:
Higher low toward previous resistance, on reducing volume.
The professionals may engineer a false break to suck in traders unaware of the weakness.
We shall wait to short on rejection of recent high.

Price Reaction Levels:
Short on Test and Reject | Long on Test and Accept

35750 34605-34275
32692 31657

Price Volume Analysis:
Weekly: Ave vol up bar = NTC
Daily: Ultra low vol up bar close off high = significant weakness

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Have a profitable trading week.
*For education purpose only.