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New all time highs again in US stock markets

  • Emini S&P December makes a new all time high at 6102.
    The low & high for the last session were 6063- 6102.

  • Emini Nasdaq December finally beat the all time high at 21340 to hit 21548.
    ​​​​​​​Last session high & low for the last session were: 21306- 21548.

  • Emini Dow Jones December a new all time high at 45176.
    Last session high & low for the last session were: 44871 - 45176.

Emini S&P December futures

  • Emini S&P finally hits my targets of 6078/80 & 6095/99, perhaps as far as 6126/31 before the end of the week.

  • Support at 6060/6050 & longs need stops below 6040.

Chart

Nasdaq December futures

  • 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 & even as far as 21550 with a  new all time high just 2 points below.

  • Next targets: 21620, 21730, 21840.

  • Support at 21350/21300 but longs need stops below 21250.

Chart

Emini Dow Jones December futures

  • Longs at support at 44640/560 worked perfectly on the bounce towards my target of 45020/050 & even 45400 is possible this week.

  • If we continue higher look for 45610/650.

  • Support at 44580/520 & longs need stops below 44450.

Chart

Author

Jason Sen

Jason Sen

DayTradeIdeas.co.uk

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