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Emini Dow Jones Daily Forecast- The Bulls Need To Hold

Published 06/08/2017, 06:38 AM
Updated 07/09/2023, 06:31 AM
DJI
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Emini Dow Jones

Emini Dow Jones minor support at 21155 but below here sees a retest of better support at 21120/110. We do need to ease overbought conditions so if we continue to look lower for a buying opportunity at 21055/045, with stops below 20990. A break lower however targets 20940/930 before an excellent buying opportunity at 20870/860.

Bulls need to hold prices above 21160 for a chance to retest the all time high at 21226. Further gains this week target 21305/315 but it is likely to be remain a slow crawl higher. If we continue higher in to the end of the week look for 21390/21410.

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