Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 24/10/2018 - Testing rebound ,watch out Fibo retracement level

InvestorsDoctor
Publish date: Wed, 24 Oct 2018, 12:29 PM
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24/10/2018

*US Mini Dow Jones Dec 18*
 
Yesterday close : 25244 -50
 
DJI recovered from losses to less than 100pts, may testing rebound. Watch out for new home sales on 10pm tonight.
 
Hourly chart showed DJI rebounded from RSI oversold and testing 38.2-61.8 Fibo retracement of swing 25845-24750.
 
*Classic Support & Resistance*
Support: 24953 24750
Resistance: 25596 25845
 
*Recommended trading plan today:*
1. Buy 25290 for technical rebound, stop 25240, profit 25340/25390.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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