Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 4/10/2018 - Up on bullish US economic data, but limited by rising treasury yield

InvestorsDoctor
Publish date: Thu, 04 Oct 2018, 12:08 PM
InvestorsDoctor
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4/10/2018

*US Mini Dow Jones Dec 18*
 
Yesterday close : 26872 +65
 
DJI up slightly on more to bullish US economic data. Watch out for jobless claims data on 830pm tonight. 
 
Daily chart showed a more to bullish trend while hourly chart showed a short term technical correction to test 50-38.2 Fibo retracement level of swing 26552-26966.
 
*Classic Support & Resistance*
Support: 26552 26347
Resistance: 26966 27030
 
*Recommended trading plan today:*
1. Sell 26762, stop 26782, profit 26742/26722.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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