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Stocks soar from strong support levels

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Emini S&P December soars to 5894 as Trump leads. The low & high for the last session were 5735 - 5823.

Emini S&P December soars to 5894 as Trump leads. The low & high for the last session were 5735 - 5823. Emini Nasdaq December made a low for the day week exactly at the buying opportunity at 20100/20000. Last session high & low for the last session were: 20041 - 20385. Emini Dow Jones December recovers as far as 43019. Last session high & low for the last session were: 41917 - 42460.

Support at 5855/50 but below 5845 look for 5830/25. Nasdaq December futures We hit the next downside target & support at 20100/20000 with a low for the week here. Targets of 20300/320 then 20390/410 & strong resistance at 20470/510 were hit for up to 300 ticks profit but shorts here stopped above 20550. We reached 20640 & if we continue higher look for 20700/710 then a retest of the October high at 20760/788 Above 2800 can retest the all time high at 20940/983.

 

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