2/11/2017
US Mini Dow Jones Dec 17
Yesterday close : 23372 +37
Federal Reserve kept interest rates unchanged, within expectation. Index hit record highs earlier in the session as boosted by strong gains in overseas markets and rising commodity prices but then erase its gains, after government postponed the release of a tax reform bill until tonight.
Based on hourly chart, index retrace from RSI overbought zone, MACD crossing down testing negative zone, while index trades at lower BB, may trigger further sell signal.
Price level to watch out today:
Support 23293 23203
Resistance 23397 23464
Recommended trading plan today:
1. Sell lower low 23292, stop 23353, profit 23231
Margin Requirement (per lot):
USD 3685
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