Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
Emini S&P September futures.
- * Emini S&P shot higher from the buying opportunity at 6245/35 through minor resistance at 6275/6280 as predicted to the next target of 6295/99.
- * The break above 6305 suggests further gains towards 6315/18 (hit in the afternoon )before a retest of the new all time high at 6330/6333 (probably before the end of the week).
- * A break higher this week (or close above here tomorrow night) can target 6352/55 & 6365/67.
- * Eventually 6377/80 & even 6390 is possible.
- * We should have support at 6287/83 & again at 6260/55.
Nasdaq September futures.
- * Emini Nasdaq made a low for the week a little above my buying opportunity at 22730/690 in a small downside correction.
- * We wrote: I assume bulls will go for a retest of 23000/23100 today or tomorrow.
- * That target was quickly achieved yesterday as predicted.
- * On a break higher this week’s targets are 23150/155, 23220/230 & 23300/310.
- * Eventually we can reach as far as 23350/370 & 23410/430 with 23500/510 certainly not out of the question.
- * Watch for that buying opportunity at 22730/690 & longs need stops below 22580.
Emini Dow Jones September futures.
- * Emini Dow Jones made a low for the day exactly at my buying opportunity at 44430/44360.
- * Longs worked perfectly as we shot higher to retest the all time high at 44814/45176.
- * A break higher tests the trend line joining the all time high peaks from early December to late January at 45350/400.
- * Bulls need a break above here for a new buy signal initially targeting 4500/530 & 45960/46000.
- * Above here look for 46450/500 & 46860/890.
- * A buying opportunity again at 44430/44360 & longs need stops below 44250.
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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
20250710
