Emini Dow Jones Collapsed As Far As 25215
Jason Sen | May 14, 2019 01:14AM ET
Emini Dow Jones collapsed as far as 25215. The main challenge for bulls on the bounce is resistance at 25420/460. A break above 25500 is more positive. Minor resistance at 25550/560 but above here targets 25640/650 and strong resistance at 25750/780.
Failure to beat 5420/460 targets 25300/390 before the 25215 low. A break below 25200 targets 25125 & 25000/24980. A break below 24950 targets 24870/850.
Nasdaq first resistance at 7370/80. Above 7390 is more positive testing minor resistance at 7425/35. A break above 7440 targets 7470/80 and strong resistance at 7505/15.
A break below 7290 targets 7275 then 7235/25. A break below 7210 targets strong support at 7170/60. Longs need stops below 7130.
/h3
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