Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 20/8/2019 - Testing rebound, wait for more breakout

InvestorsDoctor
Publish date: Tue, 20 Aug 2019, 11:45 AM
InvestorsDoctor
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20/8/2019
 
*US Mini Dow Jones Sep 19*
 
Yesterday close: 26118 +211
 
DJI ended higher for another day of gains, as market continue rebound from its worst day in 2019. 
 
Hourly chart retreated from RSI overbought, within the range, wait for more breakout.
 
*Classic Support & Resistance*
Support: 26000 25700
Resistance: 26400 26700
 
*Recommended trading plan today:*
1. Look for buy signal above 26240
2. Look for sell signal below 26000
 
*Margin Requirement (per lot):*
USD 6050
 
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