24/10/2017
US Mini Dow Jones Dec 17
Yesterday close : 23228 -49
![](/files/my/blog/img/bl3946_whatsapp_image_20171024_at_14.25.09.jpeg)
Dow Jones Index fell from record high yesterday as declined in General Electric shares weighed on investor sentiment and profit taking activities ahead of this busiest week of the earnings season. About a third of the S&P 500 will have reported quarterly earnings in this week.
Based on hourly chart analysis, index rebounds from outside of lower BB. With lower high & low, index may continue its correction if it close below 23214.
Price level to watch out today:
Support 23214 23153
Resistance 23320
Recommended trading plan today:
1. Sell 23255, stop 23274, profit 23236/23216
2. Buy 23274, stop 23255, profit 23293/23313
Margin Requirement (per lot):
USD 3685
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