Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
Daily Technical Analysis is provided by Jason Sen of Day Trade Ideas, who has been day trading since the late 1980’s. Jason has been a contributor of Traders Summit since the beginning. He primarily focuses on providing technical analysis of the financial markets, including stock chart patterns, Forex and Metals setups, and other useful technical analysis.
Join Telegram https://t.me/daytradeideas
Emini S&P December futures holding both support at 4500/4490 & strong resistance at 4550/60 so far this week as we form a downward sloping channel. Shorts need stops above 4570.
Shorts at 4550/60 can retarget 4500/90. If we continue lower this week however look for 4465/60 & 4450. *December is trading about 50 points above September.*
Nasdaq December futures are stuck in the middle of a 2 month triangle consolidation pattern from support at 15360/330 up to resistance at 15730/770. Trade the range & wait for a breakout.
*December is trading about 195 points above September.*
Emini Dow Jones December I am watching for the formation of a head & shoulders pattern with neck line at 34550/500.
Upper trend line resistance at 35120/160. Shorts need stops above 35250. A break higher should be a buy signal targeting 35320 & 35410. *December is trading about 330 points above September.*
Please email me if you need this report updated or Whatsapp: +66971910019 – To subscribe to this report please visit daytradeideas.co.uk or email jason@daytradeideas.co.uk
Jason Sen, Director
https://www.daytradeideas.co.uk
20230914
