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Emini S&P December quiet before the election.
The low & high for the last session were 5725 - 5776. -
Emini Nasdaq December held the buying opportunity at 20100/20000 & which is key to direction for this week.
Last session high & low for the last session were: 20013 - 20248. -
Emini Dow Jones December made a high for the day at the 42500/600 level.
Last session high & low for the last session were: 41791 - 42277.
Emini S&P December futures
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Emini S&P held made a low for the day exactly at very strong support at the October low at 5730/5724.
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Longs need stops below 5715. Targets: 5745, 5755, 5765.
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A break below 5715 is another sell signal for today targeting 5675/65.
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Resistance at 5790/5800 but shorts need stops above 5805.
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Just be aware that a break higher can target resistance at 5830/34 & shorts need stops above 5840.
Nasdaq December futures
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We hit the next downside target & support at 20100/20000 with a low for the week her.
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Targets: 20300/320 then 20390/410.
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Longs at the support this week need stops below 19900.
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A break lower is a sell signal targeting 19750 & perhaps as far as 19550/450.
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Strong resistance at 20470/510 & shorts need stops above 20550.
Emini Dow Jones December futures
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Holding resistance at 442500/600 so this is key to direction at the start of this week.
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Shorts need stops above 42550.
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Holding below 42250/42300(a high for the day exactly here yesterday) keeps the pressure on for a retest of 41900/41873.
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A break below here this week targets 41800/700 perhaps as far as 41400/41300.
We could meet strong support at 41250/200 & longs need stops below 41000.
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