Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 15/5/2019 - Testing rebound, watch out for Fibo retracement level

InvestorsDoctor
Publish date: Wed, 15 May 2019, 11:52 AM
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15/5/2019
 
*US Mini Dow Jones Jun 19*
 
Yesterday close : 25570 +289
 
Index recovered some of losses last night as trade war tension eased. Today watch out for retail sales data on 830pm and industrial production on 915pm. 
 
Hourly chart showed DJI in testing rebound, close above 25700 for more upside.
 
*Classic Support & Resistance*
Support: 25215 24862
Resistance: 26079 26518
 
*Recommended trading plan today:*
1. Sell 25513, stop 25543, profit 25483/25453/25423
2. Buy 25678, stop 25648, profit 25708/25738/25768
 
*Margin Requirement (per lot):*
USD 6490
 
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