Nasdaq key resistance at 7710/20 again of course
|Emini Dow Jones _ Nasdaq September contract
Emini Dow Jones bounces back to 26250/280 & perhaps as far as 26330/350 this morning. Strong resistance again at 26400/420. Shorts need stops above 26450. A break higher is a buy signal targeting 26530/540 & 26660/690. Minor support at 26250/240 & 26170/150 with better support at 26060/030. Longs need stops below 25990. Next target & support at 25880/860.
Nasdaq key resistance at 7710/20 again of course. Shorts need stops above 7730. A break higher is a buy signal targeting 7760/70 & 7790/99. Quite strong resistance at 7830/40 is more of a challenge. First support at 7660/50. A break below 7635 is a sell signal targeting minor support at 7620/15 & 7575/70 then strong support at 7535/25.
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.