Emini Dow Jones: 1st Support At 18165/155
Jason Sen | Sep 26, 2016 09:08AM ET
Emini Dow Jones first support at 18165/155 of course. Again, longs need stops below 18120. A break lower today meets strong support at 18060/050 which could hold the downside, but below here look for a buying opportunity at 17980/970, with stops below 17900.
Holding first support at 18165/155 targets 18240/230, perhaps as far as resistance at 18290/280. We should struggle here but further gains are likely to target stronger resistance at last week's high of 18350/360. On a break higher this week look for 18400/410 before a test of the September high at 18460/468.
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