Dow Updates
12 Oct - Dow Positive Momentum Remain
InvestorsDoctor
Publish date: Thu, 12 Oct 2017, 04:07 PM
InvestorsDoctor
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12/10/2017
US Mini Dow Jones Dec 17
Yesterday close : 22816 +32
Dow Jones closed at record high yesterday, lifted by bullish FOMC meeting minutes, solid economic data and renewed hopes of tax reform.
Hourly chart show Dow Jones sustains above record high, now moving in sideway, wait for breakout.
This week factors to watch for US market:
1. US Jobless claim & PPI, 830PM, Thursday, 12 Oct
2. US CPI & retail sales, 830PM, Friday, 13 Oct
Price Level to monitor today:
Support 22803 22758 Resistance 22806, wait for breakout.
Recommend Trading Plan for the day:
1. Buy at higher high 22821 with stop at 22802
2. If index drop 1st, sell at 22802 with stop at 22821.
E-Mini Dow Margin Requirement
Margin Requirement: USD 3685
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