7/6/2018

*US Mini Dow Jones Jun 18*

Yesterday close : 25140 +318

Please be noted that Jun 18 contract will be expired on 15 Jun, traders may choose to trade Sep 18 contract. DJI surged more than 300pts and ended above 25000 level, its highest since Mar 18 as supported by better than expected trade balance and gains in index stocks.

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 sustained above higher highs, more to bullish but be cautious as RSI in overbought, may trigger technical correction in short term.

*Classic Support & Resistance*
Support: 25021 24876
Resistance: 25407 25535

*Recommended trading plan today:*
1. Buy 25178, stop 25160, profit 25196/25214.

*Margin Requirement (per lot):*
USD 5390

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