3/9/2018
*US Mini Dow Jones Sep 18*
Yesterday close : 25988 -22
DJI dropped on last Friday as US and Canada put off resolving their trade dispute but Nasdaq & S&P 500 managed to close at historical high, likely to provide support to DJI.
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: 25853 25607
Resistance: 26185 26310
*Recommended trading plan today:*
1. Sell 25976 for technical correction, stop 25995, profit 25957/25938.
2. Look for buy signal above 26049.
*Margin Requirement (per lot):*
USD 5390
Disclaimer: Idea sharing only, trade at your own risk.
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