Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
31 October
Emini S&P futures stopped just short of the 4956/59 & collapsed 100 ticks from the new all time high.
There were buyers at 6882 then at 6868 & finally at strong support at 6850/40 as expected, with a low for the day just 1 point above here.
A good 53 point bounce shows there are buyers on a correction.
A break above 6905 targets 6915/25.
Above 6930 retests the all time high at 6948/53.
On a break higher look for 4977/80.
Strong support at 6850/40 again today & longs need stops below 6825.
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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
20251031
