Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 1/8/2018 - US & China may negotiate again for the trade war?

InvestorsDoctor
Publish date: Wed, 01 Aug 2018, 02:43 PM
InvestorsDoctor
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1/8/2018

 
US Mini Dow Jones Sep 18
 
Yesterday close : 25395 +110
 
DJI up more than 100pts last night as boosted by news of renewed trade negotiations between US and China. Watch out for nonfarm employment change at 815pm and FOMC statement at 2am tomorrow.
 
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: 25327 25264
Resistance: 25486 25572 
 
Recommended trading plan today:
1. Buy 25420, stop 25399, profit 25441/25462.
 
Margin Requirement (per lot):
USD 5390
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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