Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 3/12/2018 - Hit 3 week high, more to bullish, likely to continue test rebound

InvestorsDoctor
Publish date: Mon, 03 Dec 2018, 11:43 AM
InvestorsDoctor
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3/12/2018

 
*US Mini Dow Jones Dec 18*
 
Yesterday close : 25539 +148
 
DJI ended higher on last Friday and continue to boost today after US reached a deal with china in a trade talk. Watch out for manufacturing data on 11pm.
 
Hourly chart showed DJI break out from cup & handle pattern, more to bullish, now the index at around 3 week high, may retest previous high 1st.
 
*Classic Support & Resistance*
Support: 25810 25602
Resistance: 26268 26562
 
*Recommended trading plan today:*
1. Buy 26037, stop 26010, profit 26064/26091.
2. Look for sell signal below 25154 
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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