Stock markets stable after Middle East attacks
The post Stock markets stable after Middle East attacks appeared on BitcoinEthereumNews.com.
Jason Sen
DayTradeIdeas.co.uk
NEWS
|
06/16/2025 07:19:00 GMT
Emini S&P June recovered most of the early losses quickly then dropped again before an over night recovery on the open. The low & high for the last session were 5927 – 6054. (To compare the spread to the contract you trade). Emini Nasdaq June collapsed to 21471 before a quick recovery to resistance at 21700/21800. Shorts here certainly worked. Last session high & low were: 21471- 21915. Emini Dow Jones June was hit hard, reaching 41920 over night. Last session high & low for the last session were: 42090 – 42954. Emini S&P June futures Emini S&P collapsed to strong support at 5950/40 & longs needed stops below 5930. We made a low for the over night session at 5927.50 & managed a strong recovery. We beat resistance at 5995/6005 on the recovery. We have been stuck in a 160 point range throughout June. A low for the range at 5930/10 & a high for the range at 6050/6075. Below the low of the range we test of support at 5895/85. Longs need stops below 5875. There’s minor 1 week trend line resistance at 6025/30 & 6055/6060. We need a breakout of the range to get some clarity & direction. Nasdaq June futures Emini Nasdaq made a low for the day just above the 21440/400 target. We have been stuck in a 900 point range throughout June. Further losses meet a buying opportunity at 21300/250 this week. Resistance again at 21700/21800 but a break above 21900 this time suggests the panic is over & can target 21970/990 before a retest of 22050/22106. Emini Dow Jones June futures Emini Dow Jones longs…
Filed under: News - @ June 16, 2025 8:26 am