Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
07 January
- * Emini S&P March futures longs at support at 6900/6890 are working as we hit my targets of 6935/6945, 6973/75 & 6987/6988.
- * A retest of the all time high at 6994 expected now.
- * A break higher can target 7010/7015, perhaps as far as 7021/7025.
- * Support at 6965/6955 & longs need stops below 6945
- * Emini Nasdaq March futures longs at 25570/25500 worked this week as we hit my 1st target of 25650/750 and we are on the way to my 2nd target of 25870/900.
- * Above here look for 26100/26130.
- * A break above 26140 is a buy signal targeting 26340/360.
- * We are still holding a 2 month sideways range (while other 2 indices push higher) but should find support at 25710/25660.
- * Longs need stops below 25590.
- * Emini Dow Jones March futures beat the all time high at 49086 for a buy signal targeting 49650/690 (hit yesterday), 49800/830 & 49900/930.
- * Then we look for a break above 50000 to target 50330/50380.
- * Support at 49400/49300 & longs need stops below 49200.
- * A break higher can target 7010/7015, perhaps as far as 7021/7025.
- * Support at 696965/6955 & longs need stops below 6945
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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
20260107
