Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 14/2/2019 - Bullish but be cautious as technical indicators weakening

InvestorsDoctor
Publish date: Thu, 14 Feb 2019, 12:19 PM
InvestorsDoctor
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14/2/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 25488 +82
 
DJI extended its gains last night over optimism of US-China trade talk CPI data suggested that Federal Reserve would hold interest rates steady in short term.
 
Hourly chart formed higher highs & lows, more to bullish, but watch out as technical indicators weakening.
 
*Classic Support & Resistance*
Support: 25435 25331
Resistance: 25606 25788 
 
*Recommended trading plan today:*
1. Buy 25527, stop 25492, profit 25562/25597.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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