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Emini S&P hovering just above support at 2049/47

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 05 April 2016 S&P June contract Emini S&P hovering just above support at 2049/47. Longs need stops below 2043. Further losses however could target 2035 & support at 2032/31 for an excellent buying opportunity. Longs need stops below 2025. Just be aware that an unexpected break lower targets 2020 then 2012, but 2010/08 is an excellent buying opportunity again. Holding support at 2049/47 targets minor resistance at 2055/57 but if we continue higher look for 2062

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