13/12/2018

*US Mini Dow Jones Dec 18*

Yesterday close : 24566 +144

DJI rebounded for another day despite a pull back from session high over uncertainties of US-China trade relation. Today watch out for jobless claims on 930pm.

Hourly chart formed a technical rebound after RSI bullish divergence. Technical indicators crossing up and index sustain above rebound trend line. Fibo retracement level showed that close above 61.8 level around 25250 to trigger upside at 26000 level.

*Classic Support & Resistance*
Support: 24232 23894
Resistance: 24860 25190

*Recommended trading plan today:*
1. Look for technical rebound buy signal above 24725.
2. Look for sell signal below 24526.

*Margin Requirement (per lot):*
USD 6160

Disclaimer: Idea sharing only, trade at your own risk.

Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE videos !!!

https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg

Join our other channels to find out more about futures trading !!!

Telegram link:
https://t.me/investorsdoctoracademy

Facebook link:
https://m.facebook.com/investorsdoctoracademy