Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 6/3/2019 - Enter tight range, wait for breakout

InvestorsDoctor
Publish date: Wed, 06 Mar 2019, 11:53 AM
InvestorsDoctor
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6/3/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 25827 +13
 
DJI ended in flat with a choppy trading session yesterday.
 
Hourly chart showed a breakdown from sideway range, more potential correction ahead and now testing rebound from RSI oversold. Watch out for ADP nonfarm employment change on 915pm tonight.
 
*Classic Support & Resistance*
Support: 25721 25605
Resistance: 25890 26006
 
*Recommended trading plan today:*
1. Buy 25830, stop 25800, profit 25860/25890/25720.
2. Sell 25780, stop 25810, profit 25750/25720/25680.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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