Technical Analysis DayTradeIdeas

Technical Analysis DayTradeIdeas

17 April

1. 1. Emini S&P June holds inside last Thursday’s range.
   The low & high for the last session were 5251 – 5425.
   (To compare the spread to the contract you trade)
   .
2. 2. Emini Nasdaq June reached the 19100/200 target with a high for the day then collapsed yesterday to 18116.
   Last session high & low for the last session were: 18116 – 18861.
   .
3. 3. Emini Dow Jones June holding with last Thursday’s range of 38631 – 41140
   Last session high & low for the last session were: 39584- 40712.

Emini S&P JUNE futures

• * Emini S&P collapsed below support at  5375/70 to hit targets 5320 & 5290/80.
• * We are currently stuck in a range with scalping levels at 5150/40, 5210/5200, 5260/5235, 5410/25 & 5485/5495.

Nasdaq June futures

• * Emini Nasdaq collapsed back below 18675/18775 to hold just above support at 18,000 – 17,900.
• * A break below 17800 however can target 17400/350, perhaps as far as 17300/250.

• * Resistance at 18800/18880 but a break above 18940 opens the door 19050/91150
  

Emini Dow Jones June futures

• * Emini Dow Jones broke support at 40000/40200 to bounce just 84 ticks above my downside target of 39500/400.
• * A break below here however can target 39100/39000.
• * Strong support at 38800/38700.
• * Longs need stops below 38550.
• * A break lower can target 38200/100.
• * Minor resistance at 40100/40200 but a break above 40300 opens the door 40450/550, perhaps as far as 40620/40710.

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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

20250417