13/8/2019
*US Mini Dow Jones Sep 19*
Yesterday close: 25867 -401
DJI fell around 400pts yesterday as bond yields resumed their August downturn, raising concerns about the state of the economy.
Hourly chart testing 61.8 Fibo retracement level of swing 25032-26394, close below 25800 for more downside.
*Classic Support & Resistance*
Support: 25600 25400
Resistance: 26200 26400
*Recommended trading plan today:*
1. Buy 25957 for rebound, stop 25932, profit 25982/26007/26032
2. Sell 25874, stop 25899, profit 25849/25824/25799
*Margin Requirement (per lot):*
USD 6050
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