Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 26/6/2018 - Erase its 1st day recovery with a sharp fall over trade war fears

InvestorsDoctor
Publish date: Tue, 26 Jun 2018, 12:32 PM
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26/6/2018

 
*US Mini Dow Jones Sep 18*
 
Yesterday close : 24279 -320
 
DJI fell more than 300pts on escalating global trade dispute.
 
Daily chart show mixed signals, while hourly chart formed lower low, around the range since May, show potential correction ahead.
 
*Classic Support & Resistance*
Support: 24077 23849
Resistance: 24447 24664
 
*Recommended trading plan today:*
1. Look for buy signal above day high 24323
 
*Margin Requirement (per lot):*
USD 5390
 
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Since 14th May 2018 (stock market reopened after 509 GE-14), FKLI Futures dropped nearly 200.5 points from high 1876.5 to recent low 1676!

Simple Calculation:
200.5 x RM 50 per index point = RM 10,025 (Potential Profit!)

Well, NOW is the time for you to understand more about FKLI Trading!

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