Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 25/9/2018 - New tariff kicked in drag down index

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Publish date: Tue, 25 Sep 2018, 11:14 AM
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25/9/2018

 
*US Mini Dow Jones Dec 18*
 
Yesterday close : 26610 -136
 
DJI settled lower yesterday after a new round of US-China trade tariffs kicked in. 
 
Daily chart sustain near historical high, more to bullish, while hourly chart showed a technical retracement from RSI overbought to test 38.2 Fibo of swing 26445-26820.
 
*Classic Support & Resistance*
Support: 26445 26265
Resistance: 26820 27000
 
*Recommended trading plan today:*
1. Sell 26576 for technical correction, stop 26607, profit 26545/26514.
2. Buy 26634, stop 26597, profit 26671/26708.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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