Emini S&P 500 managed a strong bounce from important 100 dma & 38.2% Fibonacci support at 2703/00 after an over run to almost 2693. We now must hold above 2717/15 to target 2723/25 & resistance at 2730/31. On further gains look for strong resistance at 2742/44 but a break higher targets 2747/48, perhaps as far as 2753/55.
Minor support at 2717/15 but below here targets 2709/08 before that important 100 dma & 38.2% Fibonacci support at 2703/00. A break below 2692 targets 2689/88 & 2682/81, perhaps as far as the 4 week low at 2677/75.
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.