Nasdaq key resistance at 7710/20 again of course

Jason Sen DayTradeIdeas.co.uk

Emini Dow Jones _ Nasdaq September contract

Emini Dow Jones bounces back to 26250/280 & perhaps as far as 26330/350 this morning. Strong resistance again at 26400/420. Shorts need stops above 26450. A break higher is a buy signal targeting 26530/540 & 26660/690. Minor support at 26250/240 & 26170/150 with better support at 26060/030. Longs need stops below 25990. Next target & support at 25880/860.

Nasdaq key resistance at 7710/20 again of course. Shorts need stops above 7730. A break higher is a buy signal targeting 7760/70 & 7790/99. Quite strong resistance at 7830/40 is more of a challenge. First support at 7660/50. A break below 7635 is a sell signal targeting minor support at 7620/15 & 7575/70 then strong support at 7535/25.

Author

Jason Sen

DayTradeIdeas.co.uk

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