Emini S&P: Try Shorts With Stops Above 2770
Jason Sen | Mar 05, 2018 07:16AM ET
Emini S&P first resistance at 2690/2700 should be key to direction today. A break higher targets minor resistance at 2735/37. If we continue higher look for 2755/60. Try shorts with stops above 2770.
Failure to beat first resistance at 2690/2700 targets 2680 and 2675 but watch the 100 day moving average at 2668/65 then 6 year trend line support at 2648/44. (This offered no support on the February collapse but held on Friday). Longs need stops below 2635. A break lower should be a sell signal targeting 2628/26 and 2620/28.
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