DOW30
Bias: Bullish
We look to Buy a break of 34959 with target prices of 35278 and 35400, and a stop price of 34816
Confidence: 40%
Technical Analysis
- Dips continue to attract buyers
- A break of yesterdays high would confirm bullish momentum
- We look for gains to be extended today
- A break of bespoke support at 39000, and the move lower is already underway
NASDAQ
Bias: Bullish
We look to Buy at 14421 with target prices of 15062 and 15231, and a stop price of 14185
Confidence: 40%
Technical Analysis
- We look to buy dips
- Daily signals are mildly bullish
- We look for a temporary move lower
- 50 4hour EMA is at 14400
US500
Bias: Bullish
We look to Buy at 4456 with target prices of 4566 and 4580, and a stop price of 4417
Confidence: 40%
Technical Analysis
- Preferred trade is to buy on dips
- Previous support located at 4450
- 50 4hour EMA is at 4456
- The bias is still for higher levels and we look for any dips to be limited
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