Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 2/1/2019 - Weak rebound and enter sideway, wait for mroe breakout

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Publish date: Wed, 02 Jan 2019, 11:13 AM
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2/1/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 23268 +233
 
DJI edged higher before holiday but marked the worst year since 2008. 
 
Hourly chart showed DJI entered tight range and move in BB channel, no confirm signal of rebound yet on small volume, watch out for potential RSI bearish divergence.
 
*Classic Support & Resistance*
Support: 22957 22242
Resistance: 23436 24080
 
*Recommended trading plan today:*
1. Look for sell signal below 23090.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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