Dow Updates
Daily Futures Commentaries: [Mini Dow Jones] 29/8/2018 - Traded in flat despite new high in S&P 500 & Nasdaq
InvestorsDoctor
Publish date: Wed, 29 Aug 2018, 11:37 AM
InvestorsDoctor
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29/8/2018
*US Mini Dow Jones Sep 18*
Yesterday close : 26085 +8
DJI traded in flat yesterday despite S&P 500 & Nasdaq sustained above record high. Today watch out for GDP Q2 at 830pm and pending home sales at 10pm.
Daily & hourly charts showed DJI closed at 6 month high, more to bullish, but approaching RSI overbought zone, watch out for potential technical correction.
*Classic Support & Resistance*
Support: 26027 25853
Resistance: 26310 26477
*Recommended trading plan today:*
1. Buy 26156, stop 26137, profit 26175/26194.
*Margin Requirement (per lot):*
USD 5390
Disclaimer: Idea sharing only, trade at your own risk.
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