4/7/2019
*US Mini Dow Jones Sep 19*
Yesterday close: 26970 +173
Dow Jones hit historical high to above 27000 level yesterday as expectation grew that the US Federal Reserve will cut rate this year.
Hourly chart test for a technical correction from RSI overbought with a shooting star candlestick pattern, required to close above 27000 for more upside.
*Classic Support & Resistance*
Support: 26824 26750
Resistance: 27009 27100
*Recommended trading plan today:*
1. Sell 26945 for technical correction, stop 26970, profit 26920/26895/26870
2. Look for buy signal above 27009
*Margin Requirement (per lot):*
USD 6050
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