A new all time high for the Dow Jones
|- Emini S&P March futures longs at support at 6900/6890 are working as we hit my targets of 6935/6945, 6973/75 & 6987/6988.
- A retest of the all time high at 6994 expected now.
- A break higher can target 7010/7015, perhaps as far as 7021/7025.
- Support at 6965/6955 & longs need stops below 6945.
- Emini Nasdaq March futures longs at 25570/25500 worked this week as we hit my 1st target of 25650/750 and we are on the way to my 2nd target of 25870/900.
- Above here look for 26100/26130.
- A break above 26140 is a buy signal targeting 26340/360.
- We are still holding a 2 month sideways range (while other 2 indices push higher) but should find support at 25710/25660.
- Longs need stops below 25590.
- Emini Dow Jones March futures beat the all time high at 49086 for a buy signal targeting 49650/690 (hit yesterday), 49800/830 & 49900/930.
- Then we look for a break above 50000 to target 50330/50380.
- Support at 49400/49300 & longs need stops below 49200.
- A break higher can target 7010/7015, perhaps as far as 7021/7025.
- Support at 696965/6955 & longs need stops below 6945.
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