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E-Mini Dow Jones June contract Daily Forecast – 03 May 2013

By:
FX Empire Editorial Board
Updated: Aug 21, 2015, 19:00 GMT+00:00

Mini Dow has held a range from 14630/25 up to 14786/93 all week as we wait for a breakout. All time highs of 14800/823 may be a selling opportunity today

E-Mini Dow Jones June contract Daily Forecast – 03 May 2013

E-Mini Dow Jones June contract Daily Forecast - 03 May 2013
E-Mini Dow Jones June contract Daily Forecast - 03 May 2013
Mini Dow has held a range from 14630/25 up to 14786/93 all week as we wait for a breakout. All time highs of 14800/823 may be a selling opportunity today but a break higher takes us to new territory with 14861 & 14932/956 as targets. Above here look for 14999 then 15050/55 which should hold at this stage.

14698 is support again today then the low of the range at 14635/25 . Any longs need stops below 14590 for a potential slide to 14565/45 & a good buying opportunity today. Exit shorts & try longs here with stops below 14505.

Mini Dow Jones -2

Mini Dow Jones -3

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FX Empire editorial team consists of professional analysts with a combined experience of over 45 years in the financial markets, spanning various fields including the equity, forex, commodities, futures and cryptocurrencies markets.

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