First support at 4430/20. Longs need stops below 4410. A break lower targets minor support at 4385/80. Longs need stops below 4370. A break lower is a sell signal targeting 4355/50 before a buying opportunity at 4340/30. Longs need stops below 4320.

Nasdaq December shorts at 15300/350 target 15180/140 (hit), perhaps as far as 15030/000 today for profit taking on any remaining shorts. Best support at 14880/840. Longs need stops below 14770. A break lower is a sell signal targeting 14600 & strong support at 14550/500. Failure here how risks a slide to 14390/360.

Strongest resistance again at 15300/350 on Friday as expected. Shorts need stops above 15400. A break higher targets 15500/520 & 15610/620.

Emini Dow Jones December first support at 34610/590 with best support at 34400/350 today. Longs need stops below 34300. A break lower targets 34200 then 34050/34000.

Minor resistance at 34700/750 but above here targets 34960/35000.

Chart

Author

Jason Sen

DayTradeIdeas.co.uk

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