Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 7/12/2018 - Rebound from previous low, close above 25000 to trigger more upside

InvestorsDoctor
Publish date: Fri, 07 Dec 2018, 02:38 PM
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7/12/2018

 
*US Mini Dow Jones Dec 18*
 
Yesterday close : 24907 -139
 
DJI pulled back from low of around 24256, which is also near previous low as market digest the tense between US & China. Watch out for payrolls data & unemployment rate on 930pm tonight.
 
Hourly chart showed DJI in testing rebound, close above 25000 level to trigger more upside.
 
*Classic Support & Resistance*
Support: 24256 23978
Resistance: 25190 25788 
 
*Recommended trading plan today:*
1. Look for sell signal below 24811.
2. Look for buy signal above 24881.
 
*Margin Requirement (per lot):*
USD 5830
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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