Emini Nasdaq: Break Higher Should Reach 4735/38 Target
Jason Sen | Nov 09, 2015 02:41AM ET
Emini Nasdaq above 4699 as I write this morning is more positive for today and targets 4718/20. If we continue higher look for a retest of 4727/29 highs. A break higher this week should finally reach our target of 4735/38. Further gains could eventually reach 4772/74. If we continue higher look for 4786/88 then 4795/98. Further gains in next week could see us headed for 4850 and the all time high at 4884.
First support at 4699 is only minor and below here targets 4691 and perhaps as far as support at 4681/80. If this does not hold the downside we risks a retest of 4473 then minor support at 4665. Further losses meet a buying opportunity at 4651/50.
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