Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 14/5/2019 - Sharp fall and test for rebound

InvestorsDoctor
Publish date: Tue, 14 May 2019, 12:32 PM
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14/5/2019
 
*US Mini Dow Jones Jun 19*
 
Yesterday close : 25281 -683
 
DJI sank last night after China announces retaliatory tariffs. 
 
Daily chart showed DJI hit more than 2 month low, more to bearish, close below 25200 to trigger more downside.
 
*Classic Support & Resistance*
Support: 24862 24216
Resistance: 26079 26694
 
*Recommended trading plan today:*
1. Buy 25404 for rebound, stop 25374, profit 25434/25464/25494
 
*Margin Requirement (per lot):*
USD 6490
 
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