14/6/2018
*US Mini Dow Jones Sep 18*
Yesterday close : 25208 -108
DJI ended near the lows of the session yesterday after US raised interest rate as expected and projected a slightly faster pace of rate hikes this year. Watch out for jobless claims & retail sales at 830pm tonight.
Daily chart show DJI testing 61.8% retracement level from the big down swing (23178-26672) in Jan this year, but not confirm break up yet. Hourly chart show DJI enters correction after a bearish divergence, may test support 1st.
*Classic Support & Resistance*
Support: 25093 24876
Resistance: 25418 25555
*Recommended trading plan today:*
1. Sell 25199, stop 25220, profit 25178/25157.
2. Look for buy signal above 25253.
*Margin Requirement (per lot):*
USD 5390
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Created by InvestorsDoctor | Dec 27, 2019