30/5/2019
*US Mini Dow Jones Jun 19*
Yesterday close : 25109 -260
DJI fell yesterday as bond yields declined again, triggering concerns about the economic outlook, and increasing trade tensions in the China-US trade fight also weighed on markets. Tonight watch out for jobless claims & GDP data on 830pm and pending home sales on 10pm.
Daily chart triggered head & shoulder bearish pattern, close below 25000 psychological support level to trigger more downside.
*Classic Support & Resistance*
Support: 24862 24216
Resistance: 25377 25955
*Recommended trading plan today:*
1. Buy 25155 for rebound, stop 25130, profit 25180/25205/25230
2. Sell 25056, stop 25081, profit 25031/2500624981
*Margin Requirement (per lot):*
USD 6050
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