Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 13/5/2019 - Technical correction, watch out for more progress in US-China trade talk

InvestorsDoctor
Publish date: Mon, 13 May 2019, 11:27 AM
InvestorsDoctor
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13/5/2019
 
*US Mini Dow Jones Jun 19*
 
Yesterday close : 25964 +148
 
DJI rebounded strongly on last Friday to test above 26000 but fall back this morning with more than 250pts of losses. 
 
Hourly chart showed DJI in correction stage, may move within range of BB.
 
*Classic Support & Resistance*
Support: 25464 25246 24862
Resistance: 26079 26518
 
*Recommended trading plan today:*
1. Sell 25674, stop 25699, profit 25649/25624/25599
2. Buy 25820, stop 25795, profit 25845/25870/25895
 
*Margin Requirement (per lot):*
USD 6490
 
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