15/1/2018
US Mini Dow Jones Mar 18
Yesterday close : 25801 +246
DJI continued its rally on last Friday with record closing highs as quarter earnings season kicked off with solid results from banks and bullish economic data drove investor optimism about economic growth.
Daily chart show DJI in uptrend but in RSI overbought. Hourly chart's RSI also in overbought, so be cautious of potential correction before continue its bull rally.
Price level to watch out today:
Support 25796 25707
Resistance 25918 26000
Recommended trading plan today:
1. Buy 25919, stop 25887, profit 25951/25983.
Margin Requirement (per lot):
USD 3685
Disclaimer: Idea sharing only, trade at your own risk.