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26/7/2019
*US Mini Dow Jones Sep 19*
Yesterday close: 27096 -141
DJI dropped more than 100pts yesterday as investors worried that the Federal Reserve will not be as dovish as expected in its monetary policy announcement next week, following strong economic data and remarks from the top European Central Bank official. Watch out for GDP data on 830pm tonight.
Hourly chart in sideway to higher trend, testing 27000 support level after break down from double top bearish pattern, may trigger more downside below 27000.
*Classic Support & Resistance*
Support: 27000 26900
Resistance: 27200 27400
*Recommended trading plan today:*
1. Trade in range 27000-27400
*Margin Requirement (per lot):*
USD 6050
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