Daily analysis by DayTradeIdeas - 31/07/2023| FXMAG.COM

Support at 4570/60. A break below 4555 should be a sell signal to target 4535 & 4510/4500.

A break above 4640 can target 4670/75, perhaps as far as 4695/99.

Nasdaq September has traded sideways for 2 weeks in a range from 15522/483 up to 16062. A break below 15470 is a sell signal for today targeting 15300/250.A break above the July recovery high at 16040/16060 can target 16300/350.

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Emini Dow Jones September staged a recovery after Thursday's negative action. The question now is whether we break above Thursday's high at 35483 or Thursday's low at 35346.

A break above 35500 can target 35850/900.

A break below support at 35400/350 is a sell signal targeting 35100/050.

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Jason Sen

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason used technical analysis throughout his trading career and formed Daytrdeideas.co.uk which established itself as the leading provider of daily technical analysis to independent and professional traders within the investment bank community. He advises dozens of traders at up to 15 major investment banks and hedge funds on market movement throughout each trading day on The Bloomberg Professional® service. Jason Sen also provides trade ideas with entry, exit and target levels on Telegram & in daily reports to retail traders. daytradeideas.co.uk

Daily analysis by DayTradeIdeas - 31/07/2023

Jason Sen

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