NASDAQ beat resistance at 13630/670 for a buy signal targeting 13800/820. Further gains can retest the all time high at 14035/065. Failure to hold above 13600, however, risks a slide to 13550/530, perhaps as far as first support at 13420/13380. Longs need stops below 13350.
The E-mini Dow Jones was holding above 34200, re-targeting 34430/480. On further gains, look for 34600/630 before a retest of the all time high at 34900/35000. Best support at 34200/34100, but longs need stops below 34000. A break lower can target 3390/880 and 33650/600. Further losses can retest last week’s low at 33450/400.
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