New all time highs again for Emini S&P and Nasdaq
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Emini S&P December makes a new all time high at 6111.
The low & high for the last session were 6076 - 6111. -
Emini Nasdaq December finally beat the all time high at 21340 to hit 21669.
Last session high & low for the last session were: 21424- 21669. -
Emini Dow Jones December moving in the opposite direction with a small correction to 44660.
Last session high & low for the last session were: 44660 - 44984.
Emini S&P December futures
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Emini S&P finally hits my targets of 6078/80 & 6095/99 before a new all time high at 6111.
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A low for the day on Friday just 1 point above my support at 6175/70 & this should be support again on Monday.
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However a break below 6165 can target a buying opportunity at 6050/45 & longs need stops below 6040.
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Just be aware that a break lower again can target a buying opportunity at 6020/10 & longs need stops below 6000.
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On a break above 6112 we can target 6126/31 & eventually 6170/75 is possible.
Nasdaq December futures
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Bulls force a break above the all time high at 21340 for a buy signal.
We immediately hit my targets of 21390/399, 21480/490 & now the next target of 21620. -
Next targets for this week are 21730, 21840.
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Support at 21570/520 but longs need stops below 21480.
Emini Dow Jones December futures
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Support at 44580/520 & longs need stops below 44450.
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Targets: 44750 & 44850, perhaps as far as 44930.
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Above 4500 retests the all time high at 45125/176.
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If we continue higher look for 45610/650.
Author
Jason Sen
DayTradeIdeas.co.uk
