Dow Updates

10 Oct - Trading in Sideway, but BULLISH bias!!!

InvestorsDoctor
Publish date: Tue, 10 Oct 2017, 05:46 PM
InvestorsDoctor
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Following Message

10/10/2017

US Mini Dow Jones Dec 17

Yesterday closed : 22711 +21


Yesterday

 

US stock market closed slightly lower yesterday, this week factors to watch for US market

:

1. FOMC meeting minutes, 2AM, Thursday, 12 Oct

2. US Jobless claim & PPI, 830PM, Thursday, 12 Oct

3. US CPI & retail sales, 830PM, Friday, 13 Oct

 

Both daily & hourly chart show Dow Jones Index remains bullish and trading in sideway since 5 Oct.

 

Price Level to monitor today:

Support 22676

Resistance 22750, waiting for breakout.

 

Recommend Trading Plan for the day:

1. Buy at higher high 22751 with stop at 22724.

 

E-Mini Dow Margin Requirement

USD 3685

 

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