Market Overview

Technical Forecast for Dow Jones

Technical Forecast for Dow Jones


Emini Dow Jones Sep13 retested 15305 but bottomed just below at 15290. We have since shot higher to resistance at 15410/17. If we continue higher today look for resistance at 15440/50. Watch for sellers here & a high for the day possible. However a break higher offers a selling opportunity at 15475/80 with stops above 15500.


Immediate support is 15360/45 but below here risks a slide to yesterday’s low at 15305/15290. A break lower today cannot be ruled out and could target 15260/55. If we continue lower perhaps later in the week we could test good support at 15170/65.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Technicals Markets Trading Ideas


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