09 October.
- Emini S&P December
Last session high & low were: 6587 - 6807
(To compare the spread to the contract you trade)
. - Emini Nasdaq December
Last session high & low were: 25026 - 25364
. - Emini Dow Jones December
Last session high & low: 46752 - 47081.
Emini S&P futures.
- Emini S&P longs at support at 6755/45 worked perfectly as we shot higher to 6802 and we are on the way to my next target of 6817/20.
- Further gains target 6825/28 & 6835/38.
- 6842/45 is possible.
- Strong support at 6770/6765 & longs need stops below 6760.
- A buying opportunity at 6755/45 & longs need stops below 6735.
Nasdaq futures.
- Emini Nasdaq longs at strong support at 25000/24900 worked perfectly as we shot higher to a new all time high at 25364 & closing in on my next target of 25390.
- If we continue higher look for 25480/490.
- Support again at 25000/24900 & longs need stops below 24750.
- A break lower however can target 24550/500.
Emini Dow Jones futures
- Emini Dow Jones targets of 47160/80, 47240/280 were this week hit & eventually 47500/530 is possible.
- We made a low for the day at support at 24750/700 again yesterday.
- So the risk is that we enter into a sideways consolidation to ease the overbought conditions.
- There should be support again in the 24750/700 range but a break below 24600 triggers a move towards very strong support at46500/46400.
- there's a good chance of a low for the day here but longs need stops below 46300.