Emini Dow Jones September contract Daily Forecast – 06 August 2015

Emini Dow Jones first resistance at 17,495/500 but above here targets 17,535/540 then our selling opportunity at 17,600/610, stop 17,640. Target1 @17,565, T2 @17,530, then 17,505. Be ready to buy a break above 17,620 however to target 17,655/660 & perhaps as far as resistance at 17,695/700.

Failure to beat 17,495/500 keeps the pressure on for 17,445 then a retest of this week’s low at 17,415. On a break below 17,400 look for 17,375/370 then 17,355 & perhaps as far as a retest of July lows & trend line support at 17,319/310 for a buying opportunity.

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