US stock markets consolidate before inflation data [Video]
![US stock markets consolidate before inflation data [Video]](https://editorial.fxsstatic.com/images/i/SP500-bullysh-withoutbull-02_XtraLarge.jpg)
Will stock markets crash?

Emini S&P September futures
- Emini S&P had a narrow range holding support at the 6460/6455 level.
- So watch the 90 point range from 6460/55 up to 6520/23 & 6544/47 again today.
- These are the 3 levels to trade.
- A break below 6450 targets 6435/6425 with strong support at 6400/6395.
- On a break above 6549 look for 6558/60 & 6566/68.
Nasdaq September futures
- Emini Nasdaq is holding 100 ticks below the all time high at 24000/24068 as we consolidate for 2 months.
- Bulls need a break above here for the next buy signal of course.
- While we remain trading sideways we should have support at 23700/23660 today.
- A break lower can target 23550/510.
Emini Dow Jones September futures
Emini Dow Jones held in the lower half of Friday's range.
We need a break above 46630 for a chance to retest 45800/832.
We then need a break above the new all time high at 45841 to hit the next targets of 45885/46045, 46200/210 & 46410/430.
Support at 45300/45200.
A break below 45150 can target 44950.
Author

Jason Sen
DayTradeIdeas.co.uk

















