Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 27/11/2018 - Testing bottom rebound, wait to close above 24664 to confirm

InvestorsDoctor
Publish date: Tue, 27 Nov 2018, 12:34 PM
InvestorsDoctor
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27/11/2018

 
*US Mini Dow Jones Dec 18*
 
Yesterday close : 24599 +339
 
DJI jumped more than 300pts from previous losses as lifted by recovery in index stocks. 
 
Hourly chart showed DJI in testing rebound, close above 24664 to confirm. Close below 24400 likely to retest previous low at 24246.
 
*Classic Support & Resistance*
Support: 24458 24246
Resistance: 24664 24923
 
*Recommended trading plan today:*
1. Look for buy signal above 24664.
2. Look for sell signal below 24458.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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