Emini Dow Jones Nasdaq Chart
holding 25880/860 targets 25940/950 then strong resistance at 26050/080. Above 26100 targets 26180/200. Try shorts with stops above 26250.
Be ready to sell a break below 25800 targeting 25710/700, 25660 and perhaps as far as 25600. Try longs at 25570/540 with stops below 25500.
longs at strong support at 7535/25 also worked perfectly on the bounce to 7575 and 7595 as I write. We should struggle 7605/15; stops above 7630. A break higher targets 7645/55; stops above 7665. A break higher meets key resistance at 7710/20.
Shorts need stops above 7730. A break higher is a buy signal targeting 7760/70 and 7790/99. Quite strong resistance at 7830/40 is more of a challenge.
Failure to beat 7605/15 re-targets 7575/70 then strong support at 7535/25. Longs need stops below 7515. A break lower targets 7485/80 and 7465/60.
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