Emini Dow: Retest Of Week's High Possible
Jason Sen | Apr 21, 2015 06:09AM ET
Emini Dow Jones must hold above 17,930 today to retest 18,000/016. If we continue higher a retest of last week's high and short term trend line resistance at 18,080/090 could be seen. Watch for a high for the day but shorts need stops above 18,125. Be ready to go with a break hi for 18,155 then 18,210/220 before all time high at 18,270.
Failure to hold above first support at 17,930 risks a slide to 17,895/885. If this does not hold the downside look for a buying opportunity at 17,830. Longs need stops below 17,800 to target good support at 17,770/760.
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