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Daily Futures Commentaries: [Mini Dow Jones] 31/7/2018 - Sell off in tech stocks drag down DJI

InvestorsDoctor
Publish date: Tue, 31 Jul 2018, 11:59 AM
InvestorsDoctor
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31/7/2018

*US Mini Dow Jones Sep 18*

Yesterday close : 25285 -129

A broad sell off of tech stocks continued to drag down DJI last night.

Daily chart show DJI in sideway within a large range of 23978-24564, but slightly bullish as technical indicators trending higher.

*Classic Support & Resistance*
Support: 25088 24912
Resistance: 25475 25572

*Recommended trading plan today:*
1. Buy 25320, stop 25292, profit 25348/25376.
2. Look for sell signal below 25264.

*Margin Requirement (per lot):*
USD 5390

Disclaimer: Idea sharing only, trade at your own risk.

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