Emini Dow Jones Bottoms At Buying Opportunity 23230/210
Jason Sen | Nov 16, 2017 03:34AM ET
Emini Dow Jones bottomed exactly at our buying opportunity at 23230/210 and topped exactly here at the 23310/300 level on the bounce. So we watch these 2 levels today. Strong support at 23230/210 but a break lower risks a slide to 23130/120 for an excellent buying opportunity.
Oversold short term so a good chance of a decent recovery targeting 23300 then resistance at 23330/350. A high for the day possible but shorts are too risky. If you feel the need to try shorts, wait for strong resistance at 23390/400 and use stops above 23440.
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