Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 26/2/2019 - In technical correction yet still in bullish trend

InvestorsDoctor
Publish date: Tue, 26 Feb 2019, 11:41 AM
InvestorsDoctor
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26/2/2019

*US Mini Dow Jones Mar 19*

Yesterday close : 26099 +97

DJI ended higher yesterday on postpone of US-China trade talk's deadline. Watch out for US Fed Chair speech on 11pm tonight.

Hourly chart showed DJI retreat from RSI overbought, testing 50% Fibo retracement level of swing 25753-26238.

*Classic Support & Resistance*
Support: 25897 25753
Resistance: 26090 26238

*Recommended trading plan today:*
1. Sell 25970 for technical correction, stop 26000, profit 25940/25910/25880.

*Margin Requirement (per lot):*
USD 6490

Disclaimer: Idea sharing only, trade at your own risk.

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