Friday, August 26, 2016
Thursday, August 25, 2016
Wednesday, August 24, 2016
Tuesday, August 23, 2016
Good morning. Buyers broke through resistance area overnight in European session. Now bulls need to convert that to support and march upward to the contract high, then 2200 this week. Bears, best case perhaps is a failure at the contract high that would push the index future today back down below yesterday’s close.
2200 (*) Big Round Target
2197 (**) Weekly Target on Strength
2192 (**) Initial Daily Target / Can Bears Defend Here???
2185 (*) Top of Support Zone Where Bulls Need to Establish Floor
2182 (**) Bottom of Support Zone
2176 (**) Support Bulls Need To Hold For Weekly Bias
2174 (*) Failure Here Targets Last Weeks Low
2165 (**) Last Weeks Low Area
All the best;
Hamzei Analytics, LLC
Posted by Hamzei Analytics, LLC at 9:09 AM
Monday, August 22, 2016
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