Emini Dow Jones: A Bounce From 21260/250 Likely In Bull Trend
Jason Sen | Jun 22, 2017 02:43AM ET
Emini Dow Jones broke first support at 21405/400 to bottom exactly at better support at 21355/345 as predicted. However it is obvious we could do with a small correction after gains of 5% in only a month. On further losses look for 21315/305 and quite good support at 21260/250. A bounce from here likely in the bull trend...there is always a buyer out there somewhere....but longs need stops below 21215. If we continue lower look for 21190/180 then support at 21120/110.
Holding first support at 21355/345 allows a recovery to 21405/400 before minor resistance at 21440/4450 and the all time high at 21494. If we continue higher look for 21610/620 in to the end of the week.
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