Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 18/7/2018 - Positive Fed Chair testimony pushed up index

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Publish date: Wed, 18 Jul 2018, 11:37 AM
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18/7/2018

 
*US Mini Dow Jones Sep 18*
 
Yesterday close : 25106 +65
 
DJI continued to rebound and marked 4 straight session of gains after Fed Chair testimony expressed a positive US economic view.
 
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: 25353 25417
 
*Recommended trading plan today:*
1. Look for buy signal above 25155.
 
*Margin Requirement (per lot):*
USD 5390
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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