Emini Dow Jones trying a break above the 24930/937

Jason Sen DayTradeIdeas.co.uk

S&P September Contract

Emini S&P TOPPED EXACTLY AT resistance at 2800/02. As stated yesterday, we are still in a bull trend so a break higher today targets 2809/10, 2813/14 & perhaps as far as 2818/19 in to next week.

Support at 2797/92 should now hold the downside but a break lower risks a slide to 2785/83. We should see a bounce from here.

Emini Dow Jones September Contract

Emini Dow Jones trying a break above the 24930/937 high to target 25000/020 & 25090/099.

Failure to hold above 24940/930 risks a slide to 24860/850. The downside is expected to be limited but below here targets 24805/800. Look for a buying opportunity at 24720/700, with stops below 24650.

Author

Jason Sen

DayTradeIdeas.co.uk

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