Emini S&P September longs at strong support at 4110/4090 worked perfectly on the bounce to 4165, perhaps as far as 4210/20 today.
Nasdaq September made a low for the day exactly at first support at 12850/800. Longs worked perfectly as we hit my first target of 13200/250.
Emini Dow Jones September bounced from strong support at 32300/250 hitting my first target of 32600/700.
Today's Analysis.
Emini S&P longs at strong support at 4110/4090 work as we hit my target of 4165, perhaps as far as 4210/20 today for profit taking.
Strong support again at 4110/4090. Longs need stops below 4080. A break lower meets strong support at 4030/20. Longs need stops below 4000.
Nasdaq longs at first support at 12850/800 targeting 13200/250. Watch for a high for the day here today. However a break higher targets 13450, perhaps as far as very strong resistance at 13600/700.
First support at 12850/800. Longs need stops below 12750. A break lower is a sell signal targeting 12650/600, perhaps as far as strong support at 12350/300.
Emini Dow Jones longs at strong support at 32300/250 target 32600/700 & 33100, perhaps as far as 33250/300.
Strong support again at 32300/250. Longs need stops below 32200. A break lower targets 31900/800. Try longs with stop below 31700.
