4/1/2018
US Mini Dow Jones Mar 18
Yesterday close : 24878 +110
DJI rose to all time high yesterday, supported by higher than expected ISM manufacturing data and bullish FOMC meeting minutes. Today watch out for nonfarm employment at 915pm and jobless claims data at 930pm.
Hourly chart show DJI breakout from its side way range, more to upside. Technical indicators are bullish but stay cautious as RSI approaching overbought.
Price level to watch out today:
Support 24878 24801
Resistance 25000
Recommended trading plan today:
1. Buy 24946, stop 24923, profit 24969 or above.
Margin Requirement (per lot):
USD 3685
Disclaimer: Idea sharing only, trade at your own risk.