Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 2/7/2018 - Unable to break previous high 24564 to trigger rebound signal

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Publish date: Mon, 02 Jul 2018, 11:31 AM
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2/7/2018

 
US Mini Dow Jones Sep 18
 
Yesterday close : 24265 +45
 
DJI up slightly for a technical rebound last Friday. Today watch out for manufacturing PMI at 945pm-10pm.
 
Daily chart show mixed signals, while hourly chart show a retracement to test 38.2% around 24170, close below to trigger further sell signal.
 
Classic Support & Resistance
Support: 24063 23978
Resistance: 24564 24664
 
Recommended trading plan today:
1. Look for sell signal below 24185.
2. Look for rebound buy signal above 24324.
 
Margin Requirement (per lot):
USD 5390
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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