Stock continue higher as predicted

Jason Sen DayTradeIdeas.co.uk

Nasdaq futures

Emini Nasdaq longs at support at 25300/200 worked perfectly with the bounce towards the target of 25800/25850.

It's taking all week, but we are nearly there.

Above here look for 26100 before a retest of the all time high at 26399.

Support at 25450/25420 (a low for the day just 33 ticks above here yesterday) & longs need stops below 25360.

A buying opportunity at 25280/230 & longs need stops below 25160.

Emini Dow Jones futures

Emini Dow Jones made a low for the day exactly at support at 47800/750.

Longs worked perfectly as we finally hit the target 48100/150 (a high for the day exactly here yesterday) before a retest of the all time high at 48528.

Minor support again at 47800/750 but longs need stops below 47650.

Author

Jason Sen

DayTradeIdeas.co.uk

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