Emini S&P/Nasdaq Chart Today’s Recap & Daily Forecast from Jason Sen – Day Trade Ideas

 

Holding below 2580/75 targets 2570 & minor support at 2560/55. On further losses look for 2550/47 & 2540/36.

Nasdaq reached 6630/35 but gains are likely to be limited in overbought conditions as we wait for the sell signal in the bear trend.

Financial Markets and Political Commentary
 

Tags

, , ,

Related Posts

About the author

JASON SEN Began to study technical analysis in 2006 and established Daytradeideas, the leading provider of daily technical analysis to independent & professional traders within the investment bank community for Stock Index, Energy & Fixed Income products, advising dozens of traders at up to 15 major investment banks and hedge funds on market movement, throughout each trading day on The Bloomberg Professional® service with trade ideas – entry, exit and target levels in daily reports published before the Futures markets open in Europe.