Emini Dow Jones: Break Higher Targets All Time High At 19968
Jason Sen | Jan 09, 2017 04:49AM ET
Emini Dow Jones sold off but bottomed exactly at the 19870/880 level by the close, after a top on Friday at 19925. Holding here allows a retest of the March contract high at 19925/933. A break higher targets the all time high at 19968. On further gains look for 20070/980.
Failure to hold above 19860 tests better support at 19830/820. Watch for a low for the day but longs need stops below 19800. Further losses target only minor support at 19765/755 before last week's low at 19710/706. A break lower this week tests good support at 19630/620. Longs need stops below 19600 however to target 19560/555 and 19520.
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