24/8/2018
*US Mini Dow Jones Sep 18*
Yesterday close : 25671 -46
DJI ended slightly lower yesterday as hit by fresh round of tariffs in the trade dispute between the US & China. Watch out for durable goods orders data at 830pm & Fed Chair Powell Speaks at 10pm tonight.
Daily chart showed DJI in testing rebound but watch out for potential RSI bearish divergence. Hourly chart on the other hand, already show a technical correction from RSI bearish divergence.
*Classic Support & Resistance*
Support: 25607 25506
Resistance: 25767 25885
*Recommended trading plan today:*
1. Buy 25704 for technical rebound, stop 25668, profit 25740/25776.
*Margin Requirement (per lot):*
USD 5390
Disclaimer: Idea sharing only, trade at your own risk.
Join our channels to find out more!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link: https://m.facebook.com/investorsdoctoracademy