Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
27 May
Emini S&P futures.
- * Emini S&P June futures have not hit my next target of 7590/7595 yet.
- * We have dipped to support at 7530/20 & longs need stops below 7510.
- * So far the trade is working as we bounce to 7548 & hopefully can target 7555 before a retest of the new all time high at 7569.
- * Then a break higher targets 7590/7595, perhaps as far as 7645/55.
- * However a break below 7510 risks a slide to 7490/7485, with good support at 7465/60.
Nasdaq futures.
- * Emini Nasdaq June futures beats the all time high at 29782 for a buy signal.
- * Targets: 29950/30000 (already hit) then 30450/490.
- * We held first support at 29750/29650 & longs need stops below 29550 if retested today.
Emini Dow Jones futures
- * Emini Dow Jones June beat all time high at 50292 for a buy signal targeting 50630/690 then 50940/990.
- * Both targets hit with a new all time high at 51209…but we have unexpectedly collapsed.
- * First support at 50300/50200 & longs need stops below 50000.
- * Just be aware that a break above the all time high can target 52050/52150
Daily technical analysis & precision signals from a 40 year trading veteran at
https://www.daytradeideas.co.uk/
Join my free telegram group for analysis and signals.
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
20260527
