• Emini S&P December makes a new all time high at 6111.
    The low & high for the last session were 6076 - 6111.

  • Emini Nasdaq December finally beat the all time high at 21340 to hit 21669.
    ​​​​​​​Last session high & low for the last session were: 21424- 21669.

  • Emini Dow Jones December moving in the opposite direction with a small correction to 44660.
    Last session high & low for the last session were: 44660 - 44984.

Emini S&P December futures

  • Emini S&P finally hits my targets of 6078/80 & 6095/99 before a new all time high at 6111.

  • A low for the day on Friday just 1 point above my support at 6175/70 & this should be support again on Monday.

  • However a break below 6165 can target a buying opportunity at 6050/45 & longs need stops below 6040.

  • Just be aware that a break lower again can target a buying opportunity at 6020/10 & longs need stops below 6000.

  • On a break above 6112 we can target 6126/31 & eventually 6170/75 is possible.

Chart

Nasdaq December futures

  • Bulls force a break above the all time high at 21340 for a buy signal.
    We immediately hit my targets of 21390/399, 21480/490 & now the next target of 21620.

  • Next targets for this week are 21730, 21840.

  • Support at 21570/520 but longs need stops below 21480.

Chart

Emini Dow Jones December futures

  • Support at 44580/520 & longs need stops below 44450.

  • Targets: 44750 & 44850, perhaps as far as 44930.

  • Above 4500 retests the all time high at 45125/176.

  • If we continue higher look for 45610/650.

Chart

Share: Feed news

The contents of our reports are intended to be understood by professional users who are fully aware of the inherent risks in Forex, Futures, Options, Stocks and Bonds trading. INFORMATION PROVIDED WITHIN THIS MATERIAL SHOULD NOT BE CONSTRUED AS ADVICE AND IS PROVIDED FOR INFORMATION AND EDUCATION PURPOSES ONLY.

Recommended content


Recommended content

Editors’ Picks

EUR/USD drops below 1.0450 as USD gathers strength

EUR/USD drops below 1.0450 as USD gathers strength

EUR/USD stays on the back foot and trades below 1.0450 on Wednesday. The cautious market stance helps the US Dollar (USD) stay resilient against its rivals and weighs on the pair as markets wait for the Federal Reserve to publish the minutes of the January policy meeting.

EUR/USD News
Gold climbs to new all-time high near $2,950

Gold climbs to new all-time high near $2,950

Gold retreats slightly from the all-time high it touched at $2,947 but manages to stay above $2,930 on Wednesday. The benchmark 10-year US Treasury bond yield clings to modest gains above 4.55%, limiting XAU/USD's upside. 

Gold News
GBP/USD retreats below 1.2600 despite strong UK inflation data

GBP/USD retreats below 1.2600 despite strong UK inflation data

GBP/USD struggles to hold its ground and trades in the red below 1.2600 on Wednesday. Earlier in the day, the data from the UK showed that the annual CPI inflation climbed to 3% in January from 2.5% in December. Market focus shifts to FOMC Minutes.

GBP/USD News
Maker Price Forecast: MKR generates highest daily revenue of $10 million

Maker Price Forecast: MKR generates highest daily revenue of $10 million

Maker (MKR) price extends its gains by 6%, trading around $1,189 on Wednesday after rallying more than 20% so far this week. Artemis data shows that MKR generated $10 million in revenue on February 10, the new yearly high in daily revenue.

Read more
Money market outlook 2025: Trends and dynamics in the Eurozone, US, and UK

Money market outlook 2025: Trends and dynamics in the Eurozone, US, and UK

We delve into the world of money market funds. Distinct dynamics are at play in the US, eurozone, and UK. In the US, repo rates are more attractive, and bills are expected to appreciate. It's also worth noting that the Fed might cut rates more than anticipated, similar to the UK. In the eurozone, unsecured rates remain elevated.

Read more
The Best Brokers of the Year

The Best Brokers of the Year

SPONSORED Explore top-quality choices worldwide and locally. Compare key features like spreads, leverage, and platforms. Find the right broker for your needs, whether trading CFDs, Forex pairs like EUR/USD, or commodities like Gold.

Read More

Forex MAJORS

Cryptocurrencies

Signatures

Best Brokers of 2025