Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 29/10/2018 - Limit losses from 3 month low, yet overall still bearish

InvestorsDoctor
Publish date: Mon, 29 Oct 2018, 11:44 AM
InvestorsDoctor
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29/10/2018

 
*US Mini Dow Jones Dec 18*
 
Yesterday close : 24746 -131
 
DJI limited its losses from more than 3 month low as supported by technical buying. 
 
Daily & hourly charts still more to bearish, but watch out for potential RSI bullish divergence may support index in short term.
 
*Classic Support & Resistance*
Support: 24415 24241
Resistance: 25079 25338
 
*Recommended trading plan today:*
1. Look for buy signal above 24885.
2. Look for sell signal below 24689.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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