Stock index futures levels for the election

• Emini S&P December quiet before the election.
  The low & high for the last session were 5725 - 5776.
• Emini Nasdaq December held the buying opportunity at 20100/20000 & which is key to direction for this week.
  Last session high & low for the last session were: 20013 - 20248.
• Emini Dow Jones December made a high for the day at the 42500/600 level.
  Last session high & low for the last session were: 41791 - 42277.

Emini S&P December futures

• Emini S&P held made a low for the day exactly at very strong support at the October low at 5730/5724.
• Longs need stops below 5715. Targets: 5745, 5755, 5765.
• A break below 5715 is another sell signal for today targeting 5675/65.
• Resistance at 5790/5800 but shorts need stops above 5805.
• Just be aware that a break higher can target resistance at 5830/34 & shorts need stops above 5840.

Nasdaq December futures

• We hit the next downside target & support at 20100/20000 with a low for the week her.
• Targets: 20300/320 then 20390/410.
• Longs at the support this week need stops below 19900.
• A break lower is a sell signal targeting 19750 & perhaps as far as 19550/450.
• Strong resistance at 20470/510 & shorts need stops above 20550.

Emini Dow Jones December futures

• Holding resistance at 442500/600 so this is key to direction at the start of this week.
• Shorts need stops above 42550.
• Holding below 42250/42300(a high for the day exactly here yesterday) keeps the pressure on for a retest of 41900/41873.
• A break below here this week targets 41800/700 perhaps as far as 41400/41300.
  We could meet strong support at 41250/200 & longs need stops below 41000.

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