Analysis

Emini Dow Jones dips a little on profit taking but look for first support at 22325/15 today

Daily Forecast - 22 September 2017

Emini Dow Jones December contract

Emini Dow Jones dips a little on profit taking but look for first support at 22325/15 today. Longs need stops below 22270 & then look for a buying opportunity at 22220/210, with stops below 22190. Holding first support at 22325/15 allows a recovery towards the all time high of 22365/375. On a break higher look for strong resistance at 122470/480. HOWEVER shorts are obviously far too risky in the bull trend without a sell signal. On further gains look for 22570/580.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.