Emini Dow Jones recovery as expected to 24690/700, 24745/750 & resistance at 24830. We certainly did pause here as predicted, but shorts are still risky in the bull trend. On further gains look for 24890/899 before the recovery high at 24960/970.
Key support at 24625/615 of course & we bottomed just 6 ticks above here yesterday. Longs need stops below 12570. A break lower is a short term sell signal targeting 24470/460, perhaps as far as minor support at 24400/390. We are getting oversold short term, so a bounce from here is expected.
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.