Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 18/1/2019 - Continue rebound but be cautious as RSI in overbought

InvestorsDoctor
Publish date: Fri, 18 Jan 2019, 11:44 AM
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18/1/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 24321 +170
 
DJI ended higher yesterday and hit more than 1 month high, rebound stage continue.
 
Hourly chart formed higher highs & lows, more to bullish, but watch out for short term profit taking as RSI in overbought.
 
*Classic Support & Resistance*
Support: 24298 24123
Resistance: 24459 24665
 
*Recommended trading plan today:*
1. Buy 24450, stop 24400, profit 24500/24550/24600.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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Discussions
Be the first to like this. Showing 2 of 2 comments

2fast4u

will dow do as well as yesterday?

2019-01-18 11:54

InvestorsDoctor

Hi @2fast4u!! Dow still continue rebound on last Friday but as what we mentioned, Dow enter RSI overbought correction yesterday

2019-01-22 11:38

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