Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 28/8/2019 - Retreate from above 26000 level as bond market worries

InvestorsDoctor
Publish date: Wed, 28 Aug 2019, 11:58 AM
InvestorsDoctor
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28/8/2019
 
*US Mini Dow Jones Sep 19*
 
Yesterday close: 25744 -199
 
DJI erased its gains from above 26000 level yesterday as dragged down by worsening bond market recession indicator and unstable US-China trade relation.
 
Hourly chart in a sideway range, wait for more breakout.
 
*Classic Support & Resistance*
Support: 25700 25220
Resistance: 26070 26380 
 
*Recommended trading plan today:*
1. Buy 25896, stop 25871, profit 25921/25946/25971
2. Look for sell signal below 25700 
 
*Margin Requirement (per lot):*
USD 6050
 
Disclaimer: For idea sharing only, trade at your own risk
 
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