E-mini Dow Jones Futures ( YM1! ), H4 Potential for Bullish Continuation

Home » E-mini Dow Jones Futures ( YM1! ), H4 Potential for Bullish Continuation
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Type: Bullish ContinuationKey Levels:Resistance:34707Pivot:34199Support:33675Preferred Case:Looking at the H4 chart, my overall bias for YM1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly head up towards the resistance at 34707, where the previous swing high is.Alternative Scenario:Price could head back down to retest the pivot at 34199, where the 61.8% Fibonacci line is.Fundamentals:There are no major news.


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