Buying opportunities in S&P, Nasdaq and Dow Jones worked perfectly this week

Emini S&P March longs at the buying opportunity at 5540/30 worked in the jump to 5675.
The low & high for the last session were 5550 - 5675.
Emini Nasdaq March buying opportunity at 19250/150 worked perfectly with a low for the week here.
Last session high & low for the last session were: 19387 - 19788.
Emini Dow Jones March longs at important support at 41300/41200 worked perfectly & we made a high for the day almost exactly at resistance at 42100/200.
Last session high & low for the last session were: 41047 - 42025.

Jason Sen DayTradeIdeas.co.uk

Emini S&P March futures

Emini S&P longs at support at 5540/30 worked on the bounce to resistance at 5678/88 with a high for the day only 3 points below here.
Shorts need stops above 5700 on a retest today.
Targets: 5650, 5635, 5620
A break above 5700 can target 5730 & resistance at 5770/80. Shorts need stops above 5790.
Support again at 5540/30 & longs need stops below 5520.
Targets: 5555, 5570, 5585.
A break below 5510 is a sell signal targeting 5500, 5680, perhaps as far as 5660.

Nasdaq March futures

Emini Nasdaq made a low for the week exactly at the buying opportunity at 19250/150.
Again longs need stops below 19000 on a retest today - perhaps this will be the low for the correction.
A break below 19000 is a sell signal targeting 18850, 18600
Minor resistance at 19600/620 was tested again yesterday & we held just below strong resistance at 19850/950 with a good chance of a high for the day here today but shorts need stops above 20050.

Emini Dow Jones March futures

Longs at important support at 41300/41200 worked perfectly hitting targets on the bounce of 41650 & 41800 for up to 600 ticks easy profits.
I expect strong resistance at 41950/42050 & shorts need stops above 42150.
Important support again at 41300/41200.
A break below 40950 is a sell signal targeting 40700/600, perhaps as far as 40200.

Author

Jason Sen

DayTradeIdeas.co.uk

EUR/USD tests nine-day EMA barrier near 1.1650

EUR/USD moves little after registering modest gains in the previous session, trading around 1.1640 during the Asian hours on Tuesday. The 14-day Relative Strength Index momentum indicator, at 44 (neutral-to-bearish), confirms fading momentum.

GBP/USD meets some resistance near 1.3440

GBP/USD reverses the earlier pullback and manages to pick up strong upside traction on Monday, climbing to as high as the 1.3440 zone. Cable’s sharp bounce comes in response to the fresh selling interest hurting the Greenback amid the resumption of tariff jitters.

Gold edges higher above $4,650 as Trump tariffs spark safe-haven demand

Gold price edges higher to near $4,670 during the early Asian session on Tuesday. The precious metal is set to hit a fresh record high as traders flock to safe-haven assets amid a persistent geopolitical and economic outlook.

Ethereum bounces off key trendline as retailers distribute, network activity booms

Ethereum saw mixed sentiments in its on-chain activity over the past week. While whales accumulated amid a surge in network activity, retailers distributed as escalating geopolitical tensions over Greenland eventually pulled down prices.

When tariffs become ammunition and capital becomes the battlefield

Markets opened the week like a risk engine hitting a pothole at speed. Equities stepped back, gold vaulted to fresh highs, Treasuries caught a bid, and the dollar, outside of havens, took on a soft bid. This was not a data-driven wobble or a valuation purge.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe in a freefall, echoing Bitcoin’s drop

Meme coins, such as Dogecoin, Shiba Inu, and Pepe, extend the decline from last week, with a roughly 3% drop on Monday. The meme coins trade below the crucial moving averages, aiming for the immediate support to potentially reset the momentum.