Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 25/10/2018 - Hit more than 3 month low but watch out for RSI bullish divergence

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Publish date: Thu, 25 Oct 2018, 11:49 AM
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25/10/2018

 
*US Mini Dow Jones Dec 18*
 
Yesterday close : 24616 -628
 
DJI plunged more than 600pts yesterday and hit more than 3 month low as dragged down mainly by tech stocks. Watch out for durable goods oders data on 830pm & pending home sales on 10pm tonight.
 
Both daily & hourly charts testing RSI oversold but watch out for potential RSI bullish divergence may support index in short term.
 
*Classic Support & Resistance*
Support: 23978 23088
Resistance: 25338 25845
 
*Recommended trading plan today:*
1. Look for sell signal below 24511.
2. Look for technical rebound buy signal above 24726.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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