Free Micro E-mini Dow Jones Industri (MYM) Technical Analysis Signals

Overal Signal
Buy
Signals
Hold Buy Hold Buy
Last Update / Period
03 May / Daily
Category/Currency
Futures/USD
Exchange/Country
CBT/--

Micro E-mini Dow Jones Industri (MYM) signal with technical analysis on 03 May

On 03 May, we conducted a comprehensive technical analysis of Micro E-mini Dow Jones Industri (MYM), considering 256 signals with intricate details. Here are the key findings: 141 signals suggested buy strategies, while 35 indicated sell strategies. The remaining 80 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 42
Sell Signals: 4
Neutral Signals: 18
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 42
Sell Signals: 1
Neutral Signals: 21
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 29
Sell Signals: 13
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 28
Sell Signals: 17
Neutral Signals: 19
Result: This strategy leads to a Buy position.

Overall Strategy:
Buy Signals: 141
Sell Signals: 35
Neutral Signals: 80
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Micro E-mini Dow Jones Industri (MYM) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Micro E-mini Dow Jones Industri (MYM) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

Micro E-mini Dow Jones Industri (MYM) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

Micro E-mini Dow Jones Industri (MYM) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 9.05%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **Micro E-mini Dow Jones Industri (MYM)** holdings.

Micro E-mini Dow Jones Industri (MYM) Price Analysis and Resistance Levels:

Given our current long position in Micro E-mini Dow Jones Industri (MYM), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (41556): The primary hurdle we face is the 41556 price level. If the current trend remains unchanged, Micro E-mini Dow Jones Industri (MYM) could break above this level, signaling its strength and potential for further growth.

Second resistance level (45176): If the upward trend continues with significant strength, we may see Micro E-mini Dow Jones Industri (MYM) cross the second resistance level at 45176, indicating a major upside move and a promising direction for our position.

It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading Micro E-mini Dow Jones Industri (MYM), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

Micro E-mini Dow Jones Industri (MYM) technical analysis chart

Micro E-mini Dow Jones Industri (MYM) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 41556 45176 -- -- --
Support 40708 38688 36664 -- --
 Micro E-mini Dow Jones Industri (MYM) Support and Resistance area (03 May)  Micro E-mini Dow Jones Industri (MYM) Support and Resistance area (03 May)

Micro E-mini Dow Jones Industri (MYM) signals list for 03 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Micro E-mini Dow Jones Industri (MYM) candlestick patterns on 03 May

Today's Micro E-mini Dow Jones Industri (MYM) Candle Patterns List:

Belt-hold Closing Marubozu Engulfing Pattern Long Line Candle Marubozu

Micro E-mini Dow Jones Industri (MYM) technical analysis over the past days

# Date Overal Signals ALL Signals
1 02 May Buy HoldHoldHoldBuy
2 01 May Hold HoldHoldHoldNeutral
3 30 Apr Buy HoldHoldBuyNeutral
4 29 Apr Buy HoldHoldNeutralNeutral
5 28 Apr Sell HoldHoldNeutralSell
6 25 Apr Neutral HoldBuyNeutralNeutral
7 24 Apr Neutral HoldNeutralNeutralNeutral
8 23 Apr Hold BuyNeutralSellNeutral
9 22 Apr Hold HoldHoldNeutralHold
10 21 Apr Hold HoldHoldHoldHold
11 17 Apr Sell SellSellHoldHold
12 16 Apr Sell NeutralNeutralHoldHold
13 15 Apr Hold HoldNeutralHoldHold
14 14 Apr Hold HoldNeutralHoldHold
15 11 Apr Buy BuyHoldHoldHold
16 10 Apr Hold NeutralHoldHoldHold
17 09 Apr Hold NeutralHoldHoldHold
18 08 Apr Hold HoldHoldHoldHold
19 07 Apr Hold HoldHoldHoldHold
20 04 Apr Hold HoldHoldHoldHold
21 03 Apr Sell SellSellSellSell
22 02 Apr Buy BuyBuyBuyNeutral
23 01 Apr Hold HoldNeutralNeutralNeutral
24 31 Mar Hold HoldNeutralNeutralNeutral
25 28 Mar Sell SellNeutralSellSell
26 27 Mar Hold HoldHoldNeutralNeutral
27 26 Mar Hold HoldHoldHoldNeutral
28 25 Mar Hold HoldHoldHoldNeutral
29 24 Mar Buy BuyBuyBuyNeutral
30 21 Mar Sell NeutralNeutralHoldHold

Users forecasts for Micro E-mini Dow Jones Industri (MYM)

What is your prediction?

In this section, you can easily predict without user registration. See also other users predictions.

What is your prediction?

Micro E-mini Dow Jones Industri (MYM) predictions by visitors

Please fill in your email
Please fill in your Text
CAPTCHA Image
Please fill in your Captcha

Comments