Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 7/10/2019 - Continue testing rebound from sharp fall

InvestorsDoctor
Publish date: Mon, 07 Oct 2019, 11:53 AM
InvestorsDoctor
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7/10/2019

*US Mini Dow Jones Dec 19*

Yesterday close: 26525 +345

DJI rallied for more than 300pts on last Friday as boosted by bullish US economic data and optimism on renewed US-China trade talk.

Hourly chart continue rebound, close above 26550 to trigger more upside.

*Classic Support & Resistance*
Support: 26060 25700
Resistance: 26630 27040

*Recommended trading plan today:*
1. Sell 26390, stop 26415, profit 26365/26340/26315
2. Buy 26465, stop 26440, profit 26490/26515/26540

*Margin Requirement (per lot):*
USD 6050

Disclaimer: For idea sharing only, trade at your own risk

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