Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 15/7/2019 - Hit anoter all time high, bullish, be cautious of overbought

InvestorsDoctor
Publish date: Mon, 15 Jul 2019, 11:42 AM
InvestorsDoctor
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15/7/2019
 
US Mini Dow Jones Sep 19
 
Yesterday close: 27309 +232
 
DJI jumped more than 200pts for another day on last Friday as market stay optimistic about interest rate policy this month. 
 
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: 27127 26809
Resistance: 27500 27800
 
Recommended trading plan today:
1. Buy 27350, stop 27325, profit 27375/27400/27425
 
Margin Requirement (per lot):
USD 6050
 
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