Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 27/8/2019 - US & China return trade talk, while range in sideway

InvestorsDoctor
Publish date: Tue, 27 Aug 2019, 11:47 AM
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27/8/2019
 
*US Mini Dow Jones Sep 19*
 
Yesterday close: 25943 +273
 
DJI jumped near 300pts last night after President Donald Trump said China is ready to come back to the negotiating table. 
 
Hourly chart in a sideway range, wait for more breakout.
 
*Classic Support & Resistance*
Support: 25260 25030
Resistance: 26410 26660
 
*Recommended trading plan today:*
1. Buy 25987 for rebound, stop 25962, profit 26012/26037/26062
2. Sell 25857, stop 25882, profit 25832/25807/25782
 
*Margin Requirement (per lot):*
USD 6050
 
Disclaimer: For idea sharing only, trade at your own risk
 
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