Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 25/7/2018 - Sideway to higher on the back of positive earnings reports

InvestorsDoctor
Publish date: Wed, 25 Jul 2018, 12:28 PM
InvestorsDoctor
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25/7/2018

 
*US Mini Dow Jones Sep 18*
 
Yesterday close : 25214 +181
 
Positive earnings reports pushed up DJI yesterday. Watch out for new home sales at 10pm tonight.
 
Daily chart show DJI in sideway within a large range of 23978-24564, wait for breakout. Hourly chart in sideway to higher trend, but stay cautious of potential RSI bearish divergence.
 
*Classic Support & Resistance*
Support: 25039 24912
Resistance: 25353 25418
 
*Recommended trading plan today:*
1. Look for buy signal above 25225.
 
*Margin Requirement (per lot):*
USD 5390
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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