E-mini S&P 500, NASDAQ, E-mini Dow Jones Daily Forecast

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.

Disclaimer: No representation or warranty is made as to the accuracy or completeness of this information and opinions expressed may be subject to change without notice. Estimates and projections set forth herein are based on assumptions that may not be correct or otherwise realized. All reports and information are designed for information purposes only and neither the information contained herein nor any opinion expressed is deemed to constitute an offer or invitation to make an offer, to buy or sell any security or any option, futures or other related derivatives.

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