Dow Updates

[Mini Dow] - Consolidation Phase

InvestorsDoctor
Publish date: Tue, 02 Jan 2018, 02:03 PM
InvestorsDoctor
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Following Message
2/1/2018
 
US Mini Dow Jones Mar 18
 
Yesterday close : 24735 -62
 
 
DJI ended lower on last trading day of 2017 as dragged down by index stocks, but still close at historical high on annual basis.
 
Daily chart entering overbought correction, while hourly chart show DJI traded in side way range, but broke support during last Friday. 
 
Price level to watch out today:
Support 24667 24622
Resistance 24817 24896
 
Recommended trading plan today:
1. Sell 24740, stop 24780, profit 24700.
 
Margin Requirement (per lot):
USD 3685
 
Disclaimer: Idea sharing only, trade at your own risk.
 

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