Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 11/10/2019 - Positive progress in US-China trade talk pushed index higher

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Publish date: Fri, 11 Oct 2019, 10:31 AM
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11/10/2019
 
*US Mini Dow Jones Dec 19*
 
Yesterday close: 26484 +179
 
DJI edged higher with more than 170pts last night after US President Donald Trump said trade talk with China is going well. 
 
Hourly chart testing rebound in previous range, close above 26600 level to trigger more upside.
 
*Classic Support & Resistance*
Support: 26340 25980
Resistance: 26630 27040
 
*Recommended trading plan today:*
1. Sell 26496, stop 26521, profit 26471/26446/26421
2. Buy 26556, stop 26531, profit 26581/26606/26631
 
*Margin Requirement (per lot):*
USD 6050
 
Disclaimer: For idea sharing only, trade at your own risk
 
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