6/5/2019
*US Mini Dow Jones Jun 19*
Yesterday close : 26499 +234
DJI reversed last week gains, dropped to more than 2 month low after Trump's tariff threat against China.
4H chart showed DJI test for rebound after double top bearish pattern, but gap down this morning, triggered more technical correction but be cautious as RSI in oversold.
*Classic Support & Resistance*
Support: 25377 25246
Resistance: 26284 26518 26691
*Recommended trading plan today:*
1. If index rebound 1st, sell 26000, stop 26030, profit 25970/25940
2. Sell 25930, stop 25960, profit 25900/25870/25840
3. Look for rebound buy signal above 26160
*Margin Requirement (per lot):*
USD 6490
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