Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 5/7/2018 - Be cautious of US-China trade war

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Publish date: Thu, 05 Jul 2018, 12:12 PM
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5/7/2018

 
*US Mini Dow Jones Sep 18*
 
Yesterday close : 24163
 
DJI continued its sideway before US starts enforce import tariffs to China. Watch out for nonfarm employment at 815pm, jobless claims at 830pm, non-manufacturing PMI at 10pm and FOMC meeting minutes at 2am tomorrow.
 
Daily & hourly charts show DJI in sideway within a large range of 23978-24564, wait for breakout.
 
*Classic Support & Resistance*
Support: 23978 23721
Resistance: 24564 24664
 
*Recommended trading plan today:*
1. Look for sell signal below 24114.
2. Look for buy signal above 24252.
 
*Margin Requirement (per lot):*
USD 5390
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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