Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 12/10/2018 - Sell off continue, but start to test rebound this morning

InvestorsDoctor
Publish date: Fri, 12 Oct 2018, 12:07 PM
InvestorsDoctor
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12/10/2018

*US Mini Dow Jones Dec 18*
 
Yesterday close : 25185 -334
 
DJI slid to 1 year low as sell off continue.
 
Hourly chart showed DJI in testing rebound, likely to test previous high of 25680. Next Fibo level at 25953/26134. 
 
*Classic Support & Resistance*
Support: 24912 24611
Resistance: 24893 24611
 
*Recommended trading plan today:*
1. Buy 25373 for technical rebound, stop 25334, profit 25412/25451.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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