MYM Tokyo Open Battle Line: 44,367 Under Siege

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MYM Tokyo Open Battle Line: 44,367 Under SiegeMicro E-mini Dow Jones Industrial Average Index FuturesCBOT_MINI:MYM1!stakkdHeading into the Tokyo open on MYM, price is pressing against the 44,367 resistance a level that has now rejected twice intraday. From a structural standpoint, we’re trading within a rising short-term trend line, but momentum into this high has been relatively shallow, suggesting a potential fade setup. On the bearish side, a rejection from 44,367 would likely send price back to the 50% retracement at 44,250, with a further extension to the 100% retrace at 44,133 if sellers maintain control. This aligns with the repeated supply reaction and the lack of impulsive buying volume I’m assigning this path a 65% probability. On the bullish side, a decisive break and sustained hold above 44,367 opens the door for continuation into the next liquidity pocket (44,420–44,450), targeting prior volume imbalance fill. This scenario requires follow-through during the typically thinner Tokyo session, so I’m giving it a 35% probability. In short I’m leaning bearish unless we see a clean breakout and hold above the high, at which point the bias flips long.