Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 28/9/2018 - Rebound on more to bullish US economic data

InvestorsDoctor
Publish date: Fri, 28 Sep 2018, 11:44 AM
InvestorsDoctor
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28/9/2018

 
*US Mini Dow Jones Dec 18*
 
Yesterday close : 26473 +54
 
DJI covered some of its previous losses as supported by more to bullish economic data. 
 
Daily chart's bullish momentum still intact but see some technical correction from RSI overbought, while hourly chart rebounds from RSI oversold, testing previous high.
 
*Classic Support & Resistance*
Support: 26357 26265
Resistance: 26627 26704 26739
 
*Recommended trading plan today:*
1. Buy 26524, stop 26493, profit 26555/26586.
2. Look for sell signal below 26477.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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