Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 2/5/2019 - Sideway testing support, watch out more downside below 26300

InvestorsDoctor
Publish date: Thu, 02 May 2019, 12:05 PM
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2/5/2019
 
*US Mini Dow Jones Jun 19*
 
Yesterday close : 26390 -299
 
DJI down sharply last night after Fed reduce hope of rate cut this year. Watch out for jobless claims data on 830pm tonight.
 
Hourly chart showed DJI continue to move in range within 26300-26700, wait for more breakout.
 
*Classic Support & Resistance*
Support: 26292 26060
Resistance: 26578 26694
 
*Recommended trading plan today:*
1. Buy 26420 for technical rebound, stop 26390, profit 26450/26480/26510
2. Look for sell signal below 26300
 
*Margin Requirement (per lot):*
USD 6490
 
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