Dow Updates
Daily Futures Commentaries: [Mini Dow Jones] 22/11/2018 - RSI technical rebound, but overall more to bearish
InvestorsDoctor
Publish date: Thu, 22 Nov 2018, 11:31 AM
InvestorsDoctor
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22/11/2018
*US Mini Dow Jones Dec 18*
Yesterday close : 24465 +28
DJI pulled back its gains ahead of holiday and settled with almost unchanged. US stock market closed for holiday, expect less volatile movement today.
Hourly chart showed a technical rebound from RSI oversold, but still more to bearish as MACD below zero and RSI below 50 neutral level.
*Classic Support & Resistance*
Support: 24355 24086
Resistance: 24659 25082
*Recommended trading plan today:*
1. Sell 24443, stop 24490, profit 24396/24349.
*Margin Requirement (per lot):*
USD 5830
Disclaimer: Idea sharing only, trade at your own risk.
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