Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 8/11/2018 - Back to more to bullish rebound stage!

InvestorsDoctor
Publish date: Thu, 08 Nov 2018, 11:41 AM
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8/11/2018

*US Mini Dow Jones Dec 18*

Yesterday close : 26182 +541

DJI inched up strongly yesterday after US midterm elections. Today watch out for jobless claims on 930pm and Fed interest rate decision on 3am tomorrow.

Hourly chart showed DJI hit nearly 1 month high, more to bullish, likely to retest previous resistance 1st.

*Classic Support & Resistance*
Support: 25721 25365
Resistance: 26562 26966

*Recommended trading plan today:*
1. Buy 26207, stop 26173, profit 26241/26275.

*Margin Requirement (per lot):*
USD 5830

Disclaimer: Idea sharing only, trade at your own risk.

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