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Emini S&P September new all time high at 6,508.75

  • Emini S&P SEPTEMBER new all time high at 6508.75
    Last session high & low were: 6462 - 6508.75
  • Emini Nasdaq September new all time high at 24068
    Last session high & low were: 23734- 23963.
  • Emini Dow Jones jumps to 45340
    Last session high & low for the last session were: 44770 - 45371.

Emini S&P September futures

  • Emini S&P can target 6488/90 (hit) & 6516/20.
  • A break above 6525 can target 6550/6555.
  • First support at 6465/6460 & we made a low for the day exactly here on Friday.
  • Today, longs need stops below 6455.
  • Very strong support at 6445/6435 & longs need stops below 6425.

Nasdaq September futures

  • Emini Nasdaq break above 23800/23845 targets 23960/990 (hit) then 24150/200 (almost there!).
  • Above 24240 look for 24400.
  • We made a low for the day exactly at an excellent buying opportunity at 23790/740 on Friday & longs need stops below 23650 on Monday.
  • Just be aware that a break below 23650 risks a slide to 23300/260

Emini Dow Jones September futures

  • Emini Dow Jones made a new all time high at 45371, just below the longer term trend line at 45400/45450.
  • Obviously we need a daily close above here any day this week for a new buy signal.
  • Failure to beat 45400/45450 risks a slide to 45070 (would you believe this was the exact low after the test of the trend line) & even 44800/750 is possible.

Author

Jason Sen

Jason Sen

DayTradeIdeas.co.uk

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens.

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