Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 3/7/2018 - Reverse and close with a gains, but capped by trade war tensions

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Publish date: Tue, 03 Jul 2018, 12:16 PM
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3/7/2018

 
*US Mini Dow Jones Sep 18*
 
Yesterday close : 24286 +21
 
DJI recovered from sharp losses and ended with a small gain yesterday, but trade war tension cap its gains.
 
Daily chart show mixed signals, while hourly chart show DJI testing 38.2-61.8 of Fibo level of previous swing (24564-23978), wait for breakout.
 
*Classic Support & Resistance*
Support: 23978 23721
Resistance: 24362 24564
 
*Recommended trading plan today:*
1. Look for sell signal below 24203.
2. Look for rebound buy signal above 24284.
 
*Margin Requirement (per lot):*
USD 5390
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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