Technical Analysis DayTradeIdeas

Technical Analysis DayTradeIdeas

15 April

1. 1. Emini S&P June more stable with the smallest range for 8 trading sessions.
   The low & high for the last session were 5206 – 5418.
   (To compare the spread to the contract you trade)
   .
2. 2. Emini Nasdaq June reached the 19100/200 target.
   Last session high & low for the last session were: 18737 – 19256.
   .
3. 3. Emini Dow Jones June had the smallest range for a week.
   Last session high & low for the last session were: 39211- 40613
   .

Emini S&P JUNE futures

• * Emini S&P beat 5360/80 so holding above here again today can retarget 5425, 5440 then 5475/80.
• * These 3 targets were hit yesterday.
• * Resistance at 5500/10 held with a high for the day less then 3 points below here & shorts need stops above 5530 again today.
• * A break higher targets 5555/5560.
• * Minor support at 5375/70 but below 5360 can target 5320, perhaps as far as 5290/80.

Nasdaq June futures

• * Emini Nasdaq beat minor resistance at 18675/18775 this time so this area is now minor support for today.
• * A break below 18675 risks a slide to 18520/500 before support at 18,000 – 17,900.
• * A break below 17750 however can target 17400/350, perhaps as far as 17300/250.
• * Holding above 18775 allows a retest of 19100/200 (hit yesterday with a high for the day 56 ticks above) before a retest of 19330/380.
• * A break above 19,500 can target trend line resistance at 19700/750 so a break above 19800 should be a buy signal targeting 20,000 to 20,100.
• * A high for the day is possible here.

Emini Dow Jones June futures

• * Emini Dow Jones held 40200/40000/40200 on the downside to hit the targets of 40550/650 & 41000/41140, with a high for the day exactly here.
• * A break above 41,400 should be a buy signal for today targeting 41,750 / 41,850 with resistance at 41,900 /42,100 And shorts need stops above 42,400.
• * Support again at 40200/40000.
• * A move back below 39900 risks a slide to 39750/700, perhaps as far as 39500/400
• * Strong support at 38800/38700.
• * Longs need stops below 38550.
• * A break lower can target 38200/100.

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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

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20250415