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HomeETF NewsEmini Dow Jones Holding Support At 25420/460 Re-Targets 25500

Emini Dow Jones Holding Support At 25420/460 Re-Targets 25500

Emini Dow Jones – Nasdaq Daily Forecast – May 15, 2019

Emini Dow Jones holding the key support at 25420/460 re-targets 25500, minor resistance at 25550/560 and perhaps 25640/650. Watch strong resistance at 25750/780. A break above 25800 meets a selling opportunity at 25930/960, with stops above 26050. Failure to hold above 25400 keeps the pressure on for 25320/300. Below 25290 retests the 25215 low. A break below 25200 targets 25125 and 25000/24980. A break below 24950 targets 24870/850.

Nasdaq holding above 7435 re-targets 7470/80 with a selling opportunity at 7505/15. Stop and reverse into a long above 7530 to target 5770/80, perhaps as far as 7610/15.

Holding below 7420 re-targets first support at 7395/90. Below 7370 targets 7320 before the 7290 low. A break lower in the short term bear trend targets 7275 then 7235/25. A break below 7210 targets strong support at 7170/60. Longs need stops below 7130.

Read more at : https://www.investing.com/analysis/emini-dow-jones–nasdaq-daily-forecast–15-may-2019-200421478

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