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Dax strong resistance at 9430/40

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 18, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 18 February 2016 Emini Dow Jones March contract Emini Dow Jones tests resistance at 16450/470. Shorts need stops above 16520. A break higher is another buy signal & targets 16630/640 then 16666. If we continue higher look for 16710 then strong resistance at 16775/785 for a selling opportunity. Failure to hold above 16450/470 targets first support at 16390/380. If we continue lower look for 16330/325 but below here strong support at 16250/240 could hold the downside today.

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