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21/11/2018
*US Mini Dow Jones Dec 18*
Yesterday close : 24437 -605
DJI plunged more than 600pts last night as weighed down by mainly tech and oil & gas stocks. Watch out for jobless claims data, durable goods orders on 930pm and existing home sales on 11pm tonight.
Hourly chart showed index testing RSI oversold, more to bearish, next Fibo pointed to previous low of around 24086.
*Classic Support & Resistance*
Support: 24330 24086
Resistance: 24695 25082
*Recommended trading plan today:*
1. Look for technical rebound buy signal above 24564.
2. Sell 24487, stop 24512, profit 24462/24437/24412/24387.
*Margin Requirement (per lot):*
USD 5830
Disclaimer: Idea sharing only, trade at your own risk.
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