US stock markets to retest the all time highs
|- Emini S&P SEPTEMBER held inside of Thursday's range.
Last session high & low were: 6369 - 6426 - Emini Nasdaq September creeping higher towards the all time high at 23800/23845.
Last session high & low were: 23503- 23767.
Emini S&P September futures.
- Emini S&P remains stuck in a range from 6468 down to 6240/6220 since 1st July - about 5 weeks & really I need to wait for a breakout of the range.
- Short term support at 6402/6398 & again at 6387/83.
- Resistance at 6425/30 has held for 2 days but a break higher can retest the all time high at 6454/57.
- Obviously a break above would be a buy signal if sustained.
Nasdaq September futures
- Emini Nasdaq break above Thursday's high at 23671 can retest the all time high at 23800/23845.
- A break higher targets 23960/990 then 24150/200.
- Support at 23600/500 & longs need stops below 23400.
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