Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 13/8/2018 - End lower as Turkey crisis drag down bank stocks

InvestorsDoctor
Publish date: Mon, 13 Aug 2018, 12:08 PM
InvestorsDoctor
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13/8/2018

 
US Mini Dow Jones Sep 18
 
Yesterday close : 25331 -162
 
DJI slid on last Friday as deepening economic crisis in Turkey dragged on index stocks.
 
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, approaching oversold now.
 
Classic Support & Resistance
Support: 25087 24912
Resistance: 25367 25490
 
Recommended trading plan today:
1. Sell 25183, stop 25213, profit 25153/25123.
 
Margin Requirement (per lot):
USD 5390
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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