6/8/2019
*US Mini Dow Jones Sep 19*
Yesterday close: 25550 -899
DJI futures plunged more than 1000pts last night & this morning combined, which is more than 2 month low amid trade turnoil between China & US.
Daily chart testing 61.8 Fibo retracement level of swing 21452-27397, close below 25000 level to trigger more downside. RSI in oversold, testing for technical rebound now.
*Classic Support & Resistance*
Support: 25030 24610
Resistance: 25730 26220
*Recommended trading plan today:*
1. Buy 25480 for rebound, stop 25455, profit 25505/25530/25555
2. Sell 25280, stop 25305, profit 25255/25230/25205
*Margin Requirement (per lot):*
USD 6050
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