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Emini S&P: Shorts Need Stops Above 2780

Published 10/23/2018, 12:52 AM
Updated 07/09/2023, 06:31 AM

Emini S&P Weekly Chart

Emini S&P breaks lower to 2747/45 and to within 1 point of the next target of 2737/35 as I write. Below 2732 targets 2727/25 before the October low of 2714/12.

First resistance at 2750/53 but above 2756 targets strong resistance at 2768/70. Watch for a high for the day. Shorts need stops above 2780. A break higher is more positive targeting 2786/88 and strong resistance at 2799/2801.

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