Emini Dow Jones continued higher as expected for a test of October highs at 17000/020 & topped exactly here at 16992. we should struggle here again
Emini Dow Jones December contract Daily Forecast - 30 October 2014Emini Dow Jones continued higher as expected for a test of October highs at 17000/020 & topped exactly here at 16992. we should struggle here again today as we battle an overbought market. Any shorts however need stops above 17060. Be ready to go with a break higher to target 17090/17100 then 17140/150.
Immediate support at 16845/825 held the downside perfectly yesterday & could do so again today. However below here look for 16799/795 then a buying opportunity at 16760/750. Longs here need stops below 16700.
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