And Here It Is! Jason Sen (DayTradeIdeas) Talks Nasdaq, Emini Dow Jones And Gold (XAUUSD)

Again we have some support at 12900/850, although not strong. Longs if you feel brave, need stops below 12750. A break lower is an important longer term sell signal & we could initially drop 500 ticks, perhaps 750 ticks.
1. Emini Dow Jones JUNE a high for the day exactly at strong resistance at 33900/34000. Shorts need stops above 34200. A weekly close above here is a buy signal for next week targeting 34700/750. Expect strong resistance at 34800/900.

Nasdaq JUNE meets strong resistance at 13350/400. Obviously shorts need stops above 13550 today! Strong resistance at 13750/800. Shorts need stops above 13900.

Again we have some support at 12900/850, although not strong. Longs if you feel brave, need stops below 12750. A break lower is an important longer term sell signal & we could initially drop 500 ticks, perhaps 750 ticks.

Emini Dow Jones JUNE a high for the day exactly at strong resistance at 33900/34000. Shorts need stops above 34200. A weekly close above here is a buy signal for next week targeting 34700/750. Expect strong resistance at 34800/900.

Shorts at at strong resistance at 33900/3400 targets 33700/600, perhaps as far as 33250/150. If we continue lower look for 32750/700 then strong support at 32400/300. Longs need stops below 32100.

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Jason Sen

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason used technical analysis throughout his trading career and formed Daytrdeideas.co.uk which established itself as the leading provider of daily technical analysis to independent and professional traders within the investment bank community. He advises dozens of traders at up to 15 major investment banks and hedge funds on market movement throughout each trading day on The Bloomberg Professional® service. Jason Sen also provides trade ideas with entry, exit and target levels on Telegram & in daily reports to retail traders. daytradeideas.co.uk

And Here It Is! Jason Sen (DayTradeIdeas) Talks Nasdaq, Emini Dow Jones And Gold (XAUUSD)

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Again we have some support at 12900/850, although not strong. Longs if you feel brave, need stops below 12750. A break lower is an important longer term sell signal & we could initially drop 500 ticks, perhaps 750 ticks.

Emini Dow Jones JUNE a high for the day exactly at strong resistance at 33900/34000. Shorts need stops above 34200. A weekly close above here is a buy signal for next week targeting 34700/750. Expect strong resistance at 34800/900.

Shorts at at strong resistance at 33900/3400 targets 33700/600, perhaps as far as 33250/150. If we continue lower look for 32750/700 then strong support at 32400/300. Longs need stops below 32100.

Jason Sen

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