Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 13/7/2018 - Rally more than 200pts, back to rebound stage?

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Publish date: Fri, 13 Jul 2018, 11:16 AM
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13/7/2018

 
*US Mini Dow Jones Sep 18*
 
Yesterday close : 24894 +205
 
DJI rallied more than 200pts last night as trade war tensions eased and as pushed up by index stocks, especially technology industry.
 
Daily chart show DJI in sideway within a large range of 23978-24564, wait for breakout. Hourly chart show DJI break higher high, erased previous losses, rebound likely continue, but watch out for potential RSI bearish divergence.
 
*Classic Support & Resistance*
Support: 24800 24611
Resistance: 25154 25353
 
*Recommended trading plan today:*
1. Buy 24969, stop 24936, profit 25002/25035.
 
*Margin Requirement (per lot):*
USD 5390
 
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