Emini S&P 500 Daily Forecast For June 29, 2018
Jason Sen | Jun 29, 2018 04:02AM ET
Emini S&P 500 managed a strong bounce from important 100 dma & 38.2% Fibonacci support at 2703/00 after an over run to almost 2693. We now must hold above 2717/15 to target 2723/25 & resistance at 2730/31. On further gains look for strong resistance at 2742/44 but a break higher targets 2747/48, perhaps as far as 2753/55.
Minor support at 2717/15 but below here targets 2709/08 before that important 100 dma & 38.2% Fibonacci support at 2703/00. A break below 2692 targets 2689/88 & 2682/81, perhaps as far as the 4 week low at 2677/75.
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