Emini Dow Jones Trades Sideways
Jason Sen | Oct 26, 2016 04:58AM ET
Emini Dow Jones holding below 18150/160 keeps the outlook negative with first support at 18115/105. Below here almost every price is a level to note because we have traded sideways for 6 weeks. My best guess: Support at 18060/040 but below 18020 targets 17980/970.
First resistance at 18150/160 is key to direction and only a close above is more positive for this week targeting 18210, perhaps as far as 18270/280 before 2 week highs at 18320.
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