Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 17/7/2018 - Slightly higher on expectation of strong earning season

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Publish date: Tue, 17 Jul 2018, 12:11 PM
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17/7/2018

 
*US Mini Dow Jones Sep 18*
 
Yesterday close : 25041 +37
 
DJI ended slightly higher as supported by gains in index stocks. Watch out for industrial production at 915pm and Fed Chair Powell Testifies at 10pm tonight.
 
Daily chart show DJI in sideway within a large range of 23978-24564, wait for breakout. Hourly chart show DJI break higher high to continue rebound, but watch out for potential RSI bearish divergence.
 
*Classic Support & Resistance*
Support: 24962 24869
Resistance: 25154 25259
 
*Recommended trading plan today:*
1. Look for buy signal above 25090.
 
*Margin Requirement (per lot):*
USD 5390
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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