Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
25 March
- 1. Emini S&P June gapped above Friday’s high, jumping 100 points
The low & high for the last session were 5739- 5825.
(To compare the spread to the contract you trade)
. - 2. Emini Nasdaq June break above 20200 was our buy signal & we hit targets of 20290 & 20350/370.
Last session high & low for the last session were: 20050 – 20409.
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Emini S&P JUNE futures
- * Emini S&P break above 5780 opens the door to 5810/20 which was hit quickly yesterday
- * Resistance at 5810/20 today & shorts need stops above 5830.
Targets: 5790, 5770
- * A break above 5830 is a buy signal & sees 5820/10 then act as support to target 5860 & 5880.
Nasdaq June futures
- * Emini Nasdaq break above 20200 hit targets 20290 & 20350/370.
- * Minor resistance at 20450/500 is key to direction today.
- * A break above 20500 is another buy signal targeting 20560/580 but we should struggle here.
- * Bulls need a break above 20600 for the next buy signal.
- * Holding minor resistance at 20450/500 targets a buying opportunity at 20150/100 & longs need stops below 20000.
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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.
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
20250325
