Emini Dow Jones first resistance at 25560/600

Jason Sen DayTradeIdeas.co.uk

Emini Dow Jones _ Nasdaq September contract

Emini Dow Jones first resistance at 25560/600. A break above 25620 targets 25700/710 & 25760/770. A break above 25800 meet strong resistance at 25870/890. A break above 25910 tests strong resistance at 26030/060. Shorts need stops above 26100. A break below 25350 risks a slide to 25270/250 with strong support at 25125/100. Longs need stops below 25020. A break lower tests 500 day moving average support at 24960/940.

Nasdaq key support at 7440/30. A break below 7410 is a sell signal targeting 7290/85 & 7345/40, perhaps as far as 7300/7290. First resistance at 7530/40 but above 7550 targets strong resistance at 7585/95. A break above 7605 targets strong resistance at 7645/55. Shorts need stops above 7670.A break higher targets resistance at 7710/20.

Author

Jason Sen

DayTradeIdeas.co.uk

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