Emini Dow Jones Bottoms Just Before Buying Opportunity At 23230/210
Jason Sen | Nov 15, 2017 02:23AM ET
Emini Dow Jones bottomed just 1 tick from our buying opportunity at 23230/210. I just hope you managed to jump in for the bounce to 23360/350, before the top at 23379. We have dipped to minor support at 23310/300. Below 23280 risks a retest of strong support at 23230/210. However be aware that there is a good chance we will eventually trade down as far as 23130/120 for an excellent buying opportunity (I just don't know the timing).
Holding first support at 23310/300 targets first resistance at 23390/400 and the main challenge for bulls today. Try shorts with stops above 23440. Further gains however allow a retest of the 23552/557 all time high. A break higher targets 23590/595 and 23680/690.
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