Emini S&P can target 2755, 2765 & 2772/74
|Emini SP 500 _ Nasdaq March contract
Emini S&P can target 2755, 2765 & 2772/74. On further gains look for 2786/90, perhaps as far as 2805/10. A break below 2735 signals a false breakout yesterday & targets 2725, 2720 then support at 2715/13.
Nasdaq key resistance at the 200 day moving average at 7055/60. If we can follow the S&P higher look for 7095/99 & 7135/40. Failure to beat 7055/60 targets 7010/05, perhaps as far as 6975/70. On further losses look for 6955/54 then strong support at 6938/34.
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