Dow Updates

[Dow Futures] - Bullish Price Sentiment Remain Strong, no sign of correction

InvestorsDoctor
Publish date: Mon, 08 Jan 2018, 02:38 PM
InvestorsDoctor
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Following Message
8/1/2018
 
US Mini Dow Jones Mar 18
 
Yesterday close : 25269 +216
 
 
DJI marked another historical high on last week as led by tech stocks and rebound of USD, despite that US payroll data mostly below expectation.
 
Both daily & hourly charts show RSI in overbought but do not have strong correction signal yet. MACD & BB edging higher, with higher highs & lows candles, expect to see more upside for DJI.
 
Price level to watch out today:
Support 25243 25179 
Resistance 25359 25400
 
Recommended trading plan today:
1. Buy 25360, stop 25329, profit 25391 or above.
2. Sell 25329, stop 25360, profit 25298 or below.
 
Margin Requirement (per lot):
USD 3685
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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