Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 24/7/2019 - Sideway to higher, wait for breakout

InvestorsDoctor
Publish date: Wed, 24 Jul 2019, 12:13 PM
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24/7/2019
 
US Mini Dow Jones Sep 19
 
Yesterday close: 27324 +148
 
DJI jumped nearly 150pts last night as US-China trade talks to begin next week and boosted by better than expected corporate quarter earnings. Watch out for new home sales on 10pm tonight.
 
Hourly chart in sideway to higher trend, 27000-27400 wait for breakout.
 
Classic Support & Resistance
Support: 27180 27050
Resistance: 27400 27600
 
Recommended trading plan today:
1. Buy 27398, stop 27373, profit 27423/27448/27473
2. Sell 27288 for technical correction, stop 27313, profit 27263/27238/27213
 
Margin Requirement (per lot):
USD 6050
 
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