Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 19/6/2018 - US-China trade war, is it the worst or yet to come?

InvestorsDoctor
Publish date: Tue, 19 Jun 2018, 12:09 PM
To get more information on local and foreign futures markets, join us on telegram & Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/





19/6/2018

*US Mini Dow Jones Sep 18*

Yesterday close : 25016 -93

DJI ended lower yesterday on trade war concerns, and become worse this morning as trade war tension rise after US targets $200 billion of tariffs and potential retaliation from China.

Daily chart formed bearish candles in a row while hourly chart continues to test correction with RSI near oversold zone, expect DJI to test support 1st.

*Classic Support & Resistance*
Support: 24608 24506
Resistance: 24892 25020

*Recommended trading plan today:*
1. Look for sell signal below 24760.
2. Watch out for potential technical rebound buy signal from RSI oversold.

*Margin Requirement (per lot):*
USD 5390

Join our channels to find out more!

Telegram link:
https://t.me/investorsdoctoracademy

Facebook link: https://m.facebook.com/investorsdoctoracademy

More articles on Dow Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment