Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 28/1/2019 - higher highs & lows, more to bullish, but watch out for potential RSI bearish divergence

InvestorsDoctor
Publish date: Mon, 28 Jan 2019, 11:22 AM
InvestorsDoctor
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28/1/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 24696 +238
 
DJI ended higher on last Friday after US would move to end the longest government shutdown in history. 
 
4H chart formed higher highs & lows, more to bullish and test 61.8 Fibo retracement level of swing 26966-21452. Watch out for potential RSI bearish divergence.
 
*Classic Support & Resistance*
Support: 24216 24010
Resistance: 24860 25190
 
*Recommended trading plan today:*
1. Sell 24621 for technical correction, stop 24663, profit 24579/24537/24495.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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