Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 20/9/2019 - Entered range, wait for more breakout

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Publish date: Fri, 20 Sep 2019, 12:25 PM
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20/9/2019

 
US Mini Dow Jones Dec 19
 
Yesterday close: 27078 -70
 
DJI ended lower yesterday as market digested news of interest rate cut and investors wait for more updates from US-China trade talk.
 
Hourly chart formed a range 26900-27310, wait for breakout.
 
Classic Support & Resistance
Support: 26900 26670
Resistance: 27310 27550
 
Recommended trading plan today:
1. Buy 27120, stop 27095, profit 27145/27170/27195
2. Sell 27063, stop 27088, profit 27038/27013/26988
 
Margin Requirement (per lot):
USD 6050
 
Disclaimer: For idea sharing only, trade at your own risk
 
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