Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 6/6/2018 - Market resumed its rebound in a tight range

InvestorsDoctor
Publish date: Wed, 06 Jun 2018, 11:49 AM
InvestorsDoctor
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6/6/2018

*US Mini Dow Jones Jun 18*

Yesterday close : 24822 +26

DJI traded in flat yesterday despite a better than expected US economic data, as market waiting for more news on trade wars & geopolitical tensions.

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 formed a bearish divergence, be cautious for short term technical correction.

*Classic Support & Resistance*
Support: 24709 24571
Resistance: 24906 25080

*Recommended trading plan today:*
1. Wait for further signal

*Margin Requirement (per lot):*
USD 5390

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