Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 9/7/2018 - Rebound as trade war tension eased and supported by strong economic data

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Publish date: Mon, 09 Jul 2018, 11:57 AM
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9/7/2018

 
*US Mini Dow Jones Sep 18*
 
Yesterday close : 24456 +113
 
DJI climbed on last Friday as trade war tensions eased and supported by strong economic data.
 
Daily chart show DJI in sideway within a large range of 23978-24564, wait for breakout. Hourly chart show a breakout from sideway, more to bullish, but be cautious of technical correction as RSI in overbought.
 
*Classic Support & Resistance*
Support: 24401 24248
Resistance: 24664 24795
 
*Recommended trading plan today:*
1. Buy 24584, stop 24569, profit 24599/24614.
 
*Margin Requirement (per lot):*
USD 5390
 
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