Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 11/7/2019 - Sideway to higher, wait for more breakout

InvestorsDoctor
Publish date: Thu, 11 Jul 2019, 11:43 AM
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11/7/2019
 
*US Mini Dow Jones Sep 19*
 
Yesterday close: 26860 +81
 
Dow Jones ended higher yesterday after testimony from Federal Reserve Chair Jerome Powell bolstered the case for easier monetary policy. Watch out for CPI and jobless claims data on 1030pm tonight.
 
Hourly chart in a sideway to higher trend, wait for more breakout.
 
*Classic Support & Resistance*
Support: 26809 26609
Resistance: 27009 27200
 
*Recommended trading plan today:*
1. Look for buy signal above 27009
2. Look for technical correction sell signal below 26809
 
*Margin Requirement (per lot):*
USD 6050
 
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