Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 10/7/2019 - Sideway to higher, wait for more breakout

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Publish date: Wed, 10 Jul 2019, 11:28 AM
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10/7/2019
 
*US Mini Dow Jones Sep 19*
 
Yesterday close: 26779 -14
 
Dow Jones ended in a tight range yesterday as investors awaited more clues on the Federal Reserve’s next monetary policy move.
 
Hourly chart in a sideway to higher trend, wait for more breakout.
 
*Classic Support & Resistance*
Support: 26657 26431
Resistance: 26866 27009
 
*Recommended trading plan today:*
1. Sell 26757, stop 26782, profit 26732/26707/26682
2. Buy 26820, stop 26795, profit 26845/26870/26895
 
*Margin Requirement (per lot):*
USD 6050
 
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