20/3/2019
*US Mini Dow Jones Jun 19*
Yesterday close : 25906 -59
DJI snapped 4 days winning streak on profit taking and market stay cautious ahead of FOMC meeting. Watch out for FOMC statement on 2am tomorrow.
Hourly chart formed a sharp correction from above 26100, testing 61.8 Fibo retracement level of swing 25246-26145 which is around 25800.
*Classic Support & Resistance*
Support: 25678 25495
Resistance: 26067 26145
*Recommended trading plan today:*
1. Look for rebound buy signal above 25941.
2. Look for sell signal below 25800.
*Margin Requirement (per lot):*
USD 6490
Disclaimer: Idea sharing only, trade at your own risk.
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