Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 29/1/2019 - Retreat from RSI bearish divergence & Fibo level

InvestorsDoctor
Publish date: Tue, 29 Jan 2019, 11:25 AM
To get more information on local and foreign futures markets, join us on telegram & Facebook.

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

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



29/1/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 24473 -223
 
DJI erased previous gains yesterday with more than 200pts of losses, as weighed down by weak index stock earnings report and market stay cautious ahead of US-China trade talk.
 
4H chart retreat from high around 61.8 Fibo retracement level of swing 26966-21452, which is also a RSI bearish divergence, close below 24216 to trigger more downside.
 
*Classic Support & Resistance*
Support: 24216 23640
Resistance: 24860 25190
 
*Recommended trading plan today:*
1. Look for sell signal below 24284.
2. Look for buy signal above 24495.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our FREE channels to find out more on futures trading !!!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link:
https://m.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number +601153537589

More articles on Dow Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment