2/11/2018
*US Mini Dow Jones Dec 18*
Yesterday close : 25325 +248
DJI up for 3 continuous days as boosted by optimism on US-China talk. Watch out for payroll data & unemployment rate on 830pm tonight, too with the upcoming US midterm election.
Hourly chart formed higher highs & lows above 61.8 Fibo retracement, more to bullish, but watch out for potential technical correction in short term as volume declining and a potential RSI bearish divergence.
*Classic Support & Resistance*
Support: 25029 24823
Resistance: 25596 25845
*Recommended trading plan today:*
1. Look for buy signal above 25327.
2. Look for technical correction sell signal below 25267.
*Margin Requirement (per lot):*
USD 5830
Disclaimer: Idea sharing only, trade at your own risk.
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Created by InvestorsDoctor | Dec 27, 2019