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Emini Dow Jones Collapsed As Far As 25215

Published 05/14/2019, 01:14 AM
Updated 07/09/2023, 06:31 AM

Emini Dow Jones - Nasdaq Daily Forecast - May 14, 2019

Emini Dow Jones _ Nasdaq

Emini Dow Jones collapsed as far as 25215. The main challenge for bulls on the bounce is resistance at 25420/460. A break above 25500 is more positive. Minor resistance at 25550/560 but above here targets 25640/650 and strong resistance at 25750/780.

Failure to beat 5420/460 targets 25300/390 before the 25215 low. A break below 25200 targets 25125 & 25000/24980. A break below 24950 targets 24870/850.

Nasdaq first resistance at 7370/80. Above 7390 is more positive testing minor resistance at 7425/35. A break above 7440 targets 7470/80 and strong resistance at 7505/15.

A break below 7290 targets 7275 then 7235/25. A break below 7210 targets strong support at 7170/60. Longs need stops below 7130.

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