10/4/2018

 

US Mini Dow Jones Jun 18

 

Yesterday close : 24012 +86

 

US stock market 400-point rally is nearly erased in final hour on report of FBI raid of US President Trump's lawyer yet still managed to settle at slight gains. US stock market once surged near 400pts on easing concerns of US-China trade war. Tonight watch out for US PPI at 830pm.

 

Daily chart's technical indicators trending lower and  traded below middle line of BB, show the trend still in correction stage. Hourly chart show DJI moves in side way.

 

Classic Support & Resistance:

Support: 23911 23700

Resistance: 24409 24596

 

Recommended trading plan today:

1. Sell 24243, stop 24273, profit 24213/24183.

2. Look for buy signal if break above 24373.

 

Margin Requirement (per lot):

USD 5830

 

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