Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 5/6/2018 - Tech stocks lead the index

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Publish date: Tue, 05 Jun 2018, 11:42 AM
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5/6/2018

US Mini Dow Jones Jun 18

Yesterday close : 24796 +167

A rally in tech stocks pushed index up on yesterday. Today watch out for non-manufacturing PMI at 10pm.

Daily chart show DJI continue to move in a large sideway range (23100-26700), while technical indicators slightly upside, wait for more breakout signal. Hourly chart show DJI retreated from RSI overbought, which is also near previous resistance and Fibo level.

Classic Support & Resistance
Support: 24571 24475
Resistance: 24788 24906

Recommended trading plan today:
1. Sell 24769 for retracement, stop 24794, profit 24744/24719.
2. Look for buy signal above 24863.

Margin Requirement (per lot):
USD 5390

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