Darren Krett
Friday 5 May 2023
DAY TRADE IDEAS MAY 5th
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Darren Krett
Friday 19 May 2023
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Equity Index
19 May, 2023 Emini S&P June has broke above strong resistance at 4200/4210. I have to take this as a buy signal. Nasdaq June beat resistance at the 100 week & 500 day moving averages at 13460/480 for a buy signal & we have hit my target of 13730/750. Update daily by 06:00 GMT. Today’s Analysis. Emini S&P June beat the February & April high and the 100 week & 500 day moving averages at 4200/4210. I have to take this as a buy signal & longs need stops below 4190 of course. Holding above 4220 targets 4250 & even 4280/85. Nasdaq June longs work on the breakout buy signal as we hit my target of 13730/750, reaching as far as 13960. I think we can reach 14250/300 now. Obviously we have strong support at 13500/400, although I doubt we can fall to this level now that we have a buy signal. Emini Dow Jones June edges higher to strong resistance at 33660/690 with a high for the day exactly here. Shorts need stops above 33750. I would take a break above here as a buy signal targeting 33840 then 34000. Shorts at 33660/690 can target 33550/500 for some profit taking. Below here we could reach support at 33350/300. Longs need stops below 33250. Please email me if you need this report updated or Whatsapp: +66971910019
Darren Krett
Friday 5 May 2023
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Darren Krett
Thursday 4 May 2023
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