Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 26/9/2019 - Testing rebound, watch out for US economic data

InvestorsDoctor
Publish date: Thu, 26 Sep 2019, 03:05 PM
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26/9/2019
 
*US Mini Dow Jones Dec 19*
 
Yesterday close: 26958 +140
 
DJI jumped more than 100pts yesterday after President Donald Trump said a US-China trade deal could arrive sooner than expected. Watch out for jobless claims & GDP data on 830pm and pending home sales on 10pm tonight.
 
Hourly chart testing rebound, below 26700 to trigger more downside.
 
*Classic Support & Resistance*
Support: 26680 26500
Resistance: 27200 27320
 
*Recommended trading plan today:*
1. Sell 26900, stop 26925, profit 26875/26850/26825
2. Look for buy signal above 27000
 
*Margin Requirement (per lot):*
USD 6050
 
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