E-Mini Nasdaq: Support And Resistance
Jason Sen | Feb 19, 2016 09:32AM ET
Emini Nasdaq first resistance at 4175/80 is the main challenge for bulls today. Only above here is more positive again &
targets 4215 then 4228/30. We should struggle here again with bears in longer term control, but if we continue higher today
look for 4250/55. A break above 4260 keeps bulls in short term control to target resistance at 4280.
Holding below 4180/70 is more negative as we test trend line support at 4145/40. If we continue lower look for better support at
4115/11 which could hold the downside but a break below 4100 could target 4088/86 then good support at 4055/50.
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