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E-mini S&P December choppy again as we bounce from 5940. The low and high for the last session were 5940 - 5993.
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E-mini Nasdaq December held inside Thursday's candle so same levels apply for today. Last session high and low for the last session were: 20693- 20880.
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E-mini Dow Jones December shot higher to resistance at 44450/490. Last session high and low for the last session were: 43818 - 44452.
E-mini S&P December Futures
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E-mini S&P still holding strong resistance at 5980/90 and shorts need stops above 6000 this week.
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A break higher is a buy signal targeting 6006/6009 and we should struggle here but a break higher can target 6025.
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Minor support at 5960/55 did not work on Friday,
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I think we should have support at 5950/45 and longs need stops below 5940.
Nasdaq December Futures
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Resistance in E-mini Nasdaq at 20960/990. Shorts need stops above 21090.
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A break higher targets 21140 and 21190.
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The best support for this week again at 20420/380 and longs need stops below 20300.
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Just note that the last 4 daily candles have long lower wicks so it's obviously buyers are ready to jump in aggressively on weakness.
E-mini Dow Jones December Futures
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A low for the day only 18 ticks above support at 43800/700 before we shot higher to my target of 44300/310 and 4 month trend line resistance at 44450/490,
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A high for the day exactly here,
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A break higher retests the all time high at 44625.
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Support again at 43800/700 but longs need stops below 43600.
