![](/files/my/blog/img/bl3946_ym120719.png)
12/7/2019
*US Mini Dow Jones Sep 19*
Yesterday close: 27077 +217
DJI rallied to a record high yesterday after testimony by Federal Reserve Chair Jerome Powell this week that signaled easier monetary policy could be implemented later this month. Watch out for PPI data on 1030pm tonight.
Hourly chart formed higher highs & lows, bullish, but be cautious as RSI in overbought, may trigger some technical selling in short term.
*Classic Support & Resistance*
Support: 26975 26809
Resistance: 27300 27500
*Recommended trading plan today:*
1. Buy 27180, stop 27155, profit 27205/27230/27255
2. Sell 27134 for technical correction, stop 27159, profit 27109/27084/27059
*Margin Requirement (per lot):*
USD 6050
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