Buying opportunities in S&P, Nasdaq and Dow Jones worked perfectly this week

• Emini S&P March longs at the buying opportunity at 5540/30 worked in the jump to 5675.
  The low & high for the last session were 5550 - 5675.

• Emini Nasdaq March buying opportunity at 19250/150 worked perfectly with a low for the week here.
  Last session high & low for the last session were: 19387 - 19788.

• Emini Dow Jones March longs at important support at 41300/41200 worked perfectly & we made a high for the day almost exactly at resistance at 42100/200.
  Last session high & low for the last session were: 41047 - 42025.

Emini S&P March futures

• Emini S&P longs at support at 5540/30 worked on the bounce to resistance at 5678/88 with a high for the day only 3 points below here.

• Shorts need stops above 5700 on a retest today.

• Targets: 5650, 5635, 5620

• A break above 5700 can target 5730 & resistance at 5770/80. Shorts need stops above 5790.

• Support again at 5540/30 & longs need stops below 5520.

• Targets: 5555, 5570, 5585.

• A break below 5510 is a sell signal targeting 5500, 5680, perhaps as far as 5660.

Nasdaq March futures

• Emini Nasdaq made a low for the week exactly at the buying opportunity at 19250/150.

• Again longs need stops below 19000 on a retest today - perhaps this will be the low for the correction.

• A break below 19000 is a sell signal targeting 18850, 18600

• Minor resistance at 19600/620 was tested again yesterday & we held just below strong resistance at 19850/950 with a good chance of a high for the day here today but shorts need stops above 20050.

Emini Dow Jones March futures

• Longs at important support at 41300/41200 worked perfectly hitting targets on the bounce of 41650 & 41800 for up to 600 ticks easy profits.

• I expect strong resistance at 41950/42050 & shorts need stops above 42150.

• Important support again at 41300/41200.

• A break below 40950 is a sell signal targeting 40700/600, perhaps as far as 40200.