Dow Updates

29 Nov - Dow Strong Uptrend

InvestorsDoctor
Publish date: Wed, 29 Nov 2017, 03:44 PM
InvestorsDoctor
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Following Message
29/11/2017
 
US Mini Dow Jones Dec 17
 
Yesterday close : 23811 +249
 
 
Index soared strongly to new historical high as the Senate Budget Committee approved the Senate's tax plan, bringing one step closer to tax reform plan, and supported by new Federal Reserve chairman nominee Powell's dovish testimony.
 
With higher highs & lows, overall trend more to bullish, but be cautious as hourly chart show RSI in overbought may trigger a correction.  
 
Price level to watch out today:
Support 23621
Resistance 23827
 
Recommended trading plan today:
1. Look for buy signal if break above 23827.
 
Margin Requirement (per lot):
USD 3685
 
Disclaimer: Idea sharing only, trade at your own risk.
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