Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 10/7/2018 - Continue rebound from rounding bottom in hourly chart

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Publish date: Tue, 10 Jul 2018, 11:53 AM
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10/7/2018

*US Mini Dow Jones Sep 18*
 
Yesterday close : 24774 +318
 
DJI rose strongly yesterday as lifted by index stocks and as trade war tension eased.
 
Daily chart show DJI in sideway within a large range of 23978-24564, wait for breakout. Hourly chart show DJI continues rebound from breakout, more to bullish, but be cautious of technical correction as RSI in overbought.
 
*Classic Support & Resistance*
Support: 24692 24543
Resistance: 25020 25154
 
*Recommended trading plan today:*
1. Look for buy signal above 24888.
 
*Margin Requirement (per lot):*
USD 5390
 
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