Dow Jones Futures Analysis

While I typically like to trade the Dow Jones e-Mini Futures on an intraday basis, I often refer to the daily chart to get a sense of where we are at in terms of the bigger picture. This helps with developing what to expect in terms of direction, but more importantly, looking for key levels in the daily chart translates to higher volatility and more potential opportunities from an intraday perspective.

Here's my take on the daily view of the Dow Jones Futures. This is a clear example of a stochastic trade setup. Watch for potential resistance from the area that contains the 1X1 Gann angle. Trade Smart.....

(Left-click on the image to see it in full view)

~Duane Gott