Dow Updates
Daily Futures Commentaries: [Mini Dow Jones] 10/6/2019 - Strong rebound but watch out for RSI bearish divergence
InvestorsDoctor
Publish date: Mon, 10 Jun 2019, 11:31 AM
InvestorsDoctor
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10/6/2019
US Mini Dow Jones Jun 19
Yesterday close: 26007 +262
DJI lifted more than 260pts on last Friday as slowing US job growth boosted hopes for US Federal Reserve to cut interest rate. Furthermore, deal reached between US & Mexico sent index even higher this morning.
Hourly chart pointed more to bullish trend, but be cautious of potential RSI bearish divergence.
Classic Support & Resistance
Support: 25739 25512
Resistance: 26289 26694
Recommended trading plan today:
1. Sell 26047 for technical correction, stop 26072, profit 26022/25997/25972
Margin Requirement (per lot):
USD 6050
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Daily Futures Commentaries: [Mini Dow Jones] 27/12/2019 - New high, year end rally continue
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