Dow Updates
25 Oct - Dow Bull Still Intact
InvestorsDoctor
Publish date: Wed, 25 Oct 2017, 05:19 PM
InvestorsDoctor
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25/10/2017
US Mini Dow Jones Dec 17
Yesterday close : 23403 +175
Dow Jones Index rose sharply yesterday, closed at another historical high, backed by strong quarterly results from index stocks. Meanwhile, USD index continue to trade higher.
Based on hourly chart analysis, index retraced from RSI overbought zone and testing middle of BB. MACD crossing down, index may continue its short term correction.
Price level to watch out today:
Support 23214
Resistance 23436
Recommended trading plan today:
1. Sell 23366, stop 23387, profit 23345/hold
Watch out for buy signal if break higher high above 23436
Margin Requirement (per lot):
USD 3685
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