Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
05 December
Nasdaq futures.
Emini Nasdaq longs at support at 25300/200 worked perfectly with the bounce towards the target of 25800/25850.
It’s taking all week, but we are nearly there.
Above here look for 26100 before a retest of the all time high at 26399.
Support at 25450/25420 (a low for the day just 33 ticks above here yesterday) & longs need stops below 25360.
A buying opportunity at 25280/230 & longs need stops below 25160.
Emini Dow Jones futures
Emini Dow Jones made a low for the day exactly at support at 47800/750.
Longs worked perfectly as we finally hit the target 48100/150 (a high for the day exactly here yesterday) before a retest of the all time high at 48528.Minor support again at 47800/750 but longs need stops below 47650.
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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
20251205
