Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 1/7/2019 - Gap up and retest previous high, wait for confirmation

InvestorsDoctor
Publish date: Mon, 01 Jul 2019, 10:50 AM
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Following Message

1/7/2019
 
*US Mini Dow Jones Sep 19*
 
Yesterday close: 26593 +47
 
Dow Jones futures rose more than 200pts this morning on US-China trade optimism after G20 summit. 
 
Hourly chart gap up and test rebound, watch out for 26900-27000 resistance zone.
 
*Classic Support & Resistance*
Support: 26747 26672
Resistance: 26862 26922
 
*Recommended trading plan today:*
1. Sell 26746 for technical correction, stop 26771, profit 26721/26696/26671
2. Look for buy signal above 26862
 
*Margin Requirement (per lot):*
USD 6050
 
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