Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 19/2/2019 -Enter tight range during holiday, wait for breakout

InvestorsDoctor
Publish date: Tue, 19 Feb 2019, 11:28 AM
InvestorsDoctor
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19/2/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 25888 +0
 
DJI move in flat during US holiday, but likely to be supported by strong gains in Asian market. 
 
Hourly chart showed DJI entered a tight range, wait for more breakout, but be cautious as technical indicators crossing down, may trigger some profit taking.
 
*Classic Support & Resistance*
Support: 25744 25275
Resistance: 26088 26268
 
*Recommended trading plan today:*
1. Look for buy signal above 25950.
2. Look for technical correction sell signal below 25847.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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