Dow Jones Weekly Template of May 27th Bullish
Dow Jones Weekly Template of May 27th Bullish
E-mini Dow ($5) Futures CBOT_MINI:YM1!
travis18haney
Monday has just shown its hand to me on what the week will bring. This week will be a bullish expansion candle. Whether or not it will be a small, medium or large is still up in the air. The average weekly candle's range is 900 ticks.
I believe that Monday is the low and will be bullish all week.
This pattern right here on a Monday is the textbook play of a bullish week. Price bounces around under the weekly open price and towards the end of the day blasts higher.
Tuesday will then continue higher
Here is a weekly template with the Monday pattern
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