Emini Dow Jones: Forecast November 20, 2014
Jason Sen | Nov 20, 2014 05:51AM ET
Emini Dow Jones tested the 17600 level to bottom at 17591. Prices topped 13 ticks below resistance at 17695/17700. This all time high could hold a move higher again today as we appear restricted by overbought conditions. Any further gains however could make it as far as 17735/740 then 17770/75.
Watch 17640/630 then yesterday's low at 17590. Be ready to go with a break lower today to target support at 17550/540. Buy into longs expecting a low for the day with a stop below 17510. Just be aware that a break lower however could then target 17455/45 before an excellent buying opportunity at 17400/390.
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