New all time highs again for Emini S&P and Nasdaq
|-
Emini S&P December makes a new all time high at 6111.
The low & high for the last session were 6076 - 6111. -
Emini Nasdaq December finally beat the all time high at 21340 to hit 21669.
Last session high & low for the last session were: 21424- 21669. -
Emini Dow Jones December moving in the opposite direction with a small correction to 44660.
Last session high & low for the last session were: 44660 - 44984.
Emini S&P December futures
-
Emini S&P finally hits my targets of 6078/80 & 6095/99 before a new all time high at 6111.
-
A low for the day on Friday just 1 point above my support at 6175/70 & this should be support again on Monday.
-
However a break below 6165 can target a buying opportunity at 6050/45 & longs need stops below 6040.
-
Just be aware that a break lower again can target a buying opportunity at 6020/10 & longs need stops below 6000.
-
On a break above 6112 we can target 6126/31 & eventually 6170/75 is possible.
Nasdaq December futures
-
Bulls force a break above the all time high at 21340 for a buy signal.
We immediately hit my targets of 21390/399, 21480/490 & now the next target of 21620. -
Next targets for this week are 21730, 21840.
-
Support at 21570/520 but longs need stops below 21480.
Emini Dow Jones December futures
-
Support at 44580/520 & longs need stops below 44450.
-
Targets: 44750 & 44850, perhaps as far as 44930.
-
Above 4500 retests the all time high at 45125/176.
-
If we continue higher look for 45610/650.
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.