11/6/2018
US Mini Dow Jones Sep 18
Yesterday close : 25321 +45
DJI ended its week with a strong gains, hit its highest in nearly 3 months but be cautious on updates from G7 meeting and FOMC meeting on 14 June.
Daily chart show DJI testing 50% retracement level from the big down swing (23178-26672) in Jan this year, with higher highs & lows, DJI likely to test resistance 1st. Watch out for potential bearish RSI divergence in hourly chart, may trigger technical correction in short term.
Classic Support & Resistance
Support: 25093 24876
Resistance: 25555 25868
Recommended trading plan today:
1. Buy 25345, stop 25325, profit 25365/25385.
Margin Requirement (per lot):
USD 5390
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Created by InvestorsDoctor | Dec 27, 2019