Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 10/5/2019 - Continue correction, watch out for trade talk result

InvestorsDoctor
Publish date: Fri, 10 May 2019, 12:00 PM
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10/5/2019
 
*US Mini Dow Jones Jun 19*
 
Yesterday close : 25816 -198
 
DJI limited its losses to less than 200pts last night as market stay cautious ahead of US-China trade talk. Watch out for CPI data on 830pm tonight.
 
4H chart showed DJI continue its correction as it unable to sustain above middle line of BB, close below 25500 to trigger more downside.
 
*Classic Support & Resistance*
Support: 25500 25246
Resistance: 26079 26518
 
*Recommended trading plan today:*
1. Sell 25700, stop 25730, profit 25670/25640//25610
 
*Margin Requirement (per lot):*
USD 6490
 
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