This is key again this morning but the strongest resistance should be at 4330/40. Shorts need stops above 4355.
Nasdaq December futures longs at support at 14630/600 worked perfectly on the bounce to resistance at 14810/850 for a 200 ticks profit but unfortunately shorts here were stopped above 14890 on Wednesday.
Yesterday we could not beat Wednesday's high so again we should have first resistance at 15050/15100 today. A break higher however can target 15250/300.
Support again at 14630/600. Longs need stops below 14550 & a break lower is an important sell signal initially targeting 14440/430.
Emini Dow Jones December break below 33400 was a sell signal targeting 33330/300 then 33080/030. Targets hit with a low for the week exactly at this level.
Today's resistance at 33500/600. Shorts need stops above 33750.
A break below 33000 is certainly possible & initially targets 32900/850 before a retest of the May low at 32670/620.
