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Author: InvestorsDoctor   |   Latest post: Tue, 15 Oct 2019, 12:23 PM

 

Daily Futures Commentaries: [Mini Dow Jones] 11/2/2019 - Testing technical correction, wait for confirmation

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11/2/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 25081 -40
 
DJI fell for 3rd consecutive day on last Friday amid uncertainty about global economic growth and trade tensions. 
 
Hourly chart showed DJI testing for technical correction and now rebound from RSI bullish divergence.
 
*Classic Support & Resistance*
Support: 24862 24738
Resistance: 25153 25283
 
*Recommended trading plan today:*
1. Look for buy signal above 25153.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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