14/11/2018
*US Mini Dow Jones Dec 18*
Yesterday close : 25330 -51
DJI tumbled on yesterday, extended its previous losses as sell off especially in tech stocks continue. Watch out for CPI data on 930pm tonight.
Hourly chart showed a technical correction in 38.2-61.8 Fibo retracement level and there is a potential bullish divergence.
*Classic Support & Resistance*
Support: 25181 25035
Resistance: 25566 25786
*Recommended trading plan today:*
1. Look for sell signal below 25303.
2. Buy 25381 for technical rebound, stop 25361, profit 25401/25421.
*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