Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 9/8/2019 - Testing rebound from low, above 26400 for more upside

InvestorsDoctor
Publish date: Fri, 09 Aug 2019, 11:26 AM
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9/8/2019
 
*US Mini Dow Jones Sep 19*
 
Yesterday close: 26365 +425
 
DJI rose on yesterday, erasing most of the steep losses from earlier in the week, as global bond yields rebounded while US-China trade tension eased. Watch out for PPI data at 830pm tonight. 
 
Hourly chart continue to test rebound, close above 26400 for more upside. 
 
*Classic Support & Resistance*
Support: 25950 25390
Resistance: 26660 27150
 
*Recommended trading plan today:*
1. Sell 26170, stop 26195, profit 26145/26120/26095
 
*Margin Requirement (per lot):*
USD 6050
 
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