Emini S&P, Nasdaq, and Dow Jones analysis in current market climate [Video]
|Emini S&P September shot higher to recover much of Thursday's bearish engulfing candle & steep losses to reach Tuesday & Wednesday's highs. Further gains test last week's high at 4634.
Support at 4570/60. A break below 4555 should be a sell signal to target 4535 & 4510/4500.
A break above 4640 can target 4670/75, perhaps as far as 4695/99.
Nasdaq September has traded sideways for 2 weeks in a range from 15522/483 up to 16062. A break below 15470 is a sell signal for today targeting 15300/250.A break above the July recovery high at 16040/16060 can target 16300/350.
Emini Dow Jones September staged a recovery after Thursday's negative action. The question now is whether we break above Thursday's high at 35483 or Thursday's low at 35346.
A break above 35500 can target 35850/900.
A break below support at 35400/350 is a sell signal targeting 35100/050.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.