When in Doubt – Zoom Out

The YM (DOW/INDU) provides a clearer picture of what is transpiring in the Larger Equity Markets.

Into March we will see the -423.6% tested in my humble opinion.

There is a larger Daily Gap there that requires a fill.

It is rarely straight down, but a process of trading negative extensions and then retracing each level. One could simply purchase some April Puts (Expensive with elevated VIX) or short any instrument and hold.

It would be safer to trade each target in the Futures markets and simply enter/exit at levels.

YM Monthy:

DOW Monthly - YM
DOW Monthly – YM

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