Stock continue higher as predicted

Nasdaq futures

Emini Nasdaq long trades at support at 25300/200 worked perfectly with a bounce towards target 25800/25850.

It’s taking all week, but we’re almost there.

Above here, look for the 26,100 level before a retest of the all-time high at 26,399.

Support is at 25450/25420 (today’s low is only 33 pips above here yesterday) and longs need stops below 25360.

Buy opportunity is at 25280/230 and long trades need stops below 25160.

table

Emini Dow Jones Futures

Emini Dow Jones made today’s low at the 47800/750 support level.

The long trades worked perfectly as we finally reached the 48100/150 target (exactly today’s high here yesterday) before retesting the all time high at 48528.

Minor support is again at 47800/750 but long trades need stops below 47650.

table

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