Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 10/8/2018 - Selling of energy & financial stocks weighed down index

InvestorsDoctor
Publish date: Fri, 10 Aug 2018, 12:02 PM
InvestorsDoctor
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10/8/2018

 
US Mini Dow Jones Sep 18
 
Yesterday close : 25493 -43
 
DJI ended down slightly yesterday as trade war tension & weakening oil price dragged down energy & financial stocks. Watch out for CPI tonight at 830pm.
 
Daily chart show DJI in sideway within a large range of 23978-24564, but slightly bullish as technical indicators trending higher. Hourly chart showed DJI may head for more correction as technical indicators trending down.
 
Classic Support & Resistance
Support: 25346 25264
Resistance: 25603 25661
 
Recommended trading plan today:
1. Sell 25445, stop 25469, profit 25421/25397.
2. Look for buy signal above 25505.
 
Margin Requirement (per lot):
USD 5390
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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