Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 15/1/2019 - Watch out for weakening rebound trend

InvestorsDoctor
Publish date: Tue, 15 Jan 2019, 11:41 AM
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15/1/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 23867 -83
 
DJI declined yesterday on weak China export data raised concerns of global economic slow down but managed to reverse its losses today. Watch out for PPI data on 930pm tonight.
 
Hourly chart showed DJI break higher high to continue its rebound but volume slow down and there is a RSI bearish divergence, may limit upside of DJI.
 
*Classic Support & Resistance*
Support: 23640 23279
Resistance: 24241 24860
 
*Recommended trading plan today:*
1. Buy 24000, stop 23964, profit 24036/24072/24108/24144.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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Be the first to like this. Showing 2 of 2 comments

WongZhenKang

useful info on the graph

2019-01-15 12:08

InvestorsDoctor

Hi @WongZhenKang! Thanks for the support! Hope our info able to help you on your trading!IF you want to know more, just reach out to us by our FB/mobile!

2019-01-17 11:22

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