Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 8/10/2018 - Sharp rebound from Fibo level, Watch out China market resume

InvestorsDoctor
Publish date: Mon, 08 Oct 2018, 11:21 AM
InvestorsDoctor
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8/10/2018

 
*US Mini Dow Jones Dec 18*
 
Yesterday close : 26492 -160
 
DJI fell more than 100pts after a bearish job report. 
 
Daily chart showed DJI testing middle line of BB, while hourly chart remains in technical correction stage, and now rebound from RSI oversold which is also Fibo level.
 
*Classic Support & Resistance*
Support: 26311 26097
Resistance: 26736 26808
 
*Recommended trading plan today:*
1. Sell 26465, stop 26483, profit 26447/26429.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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