Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 18/10/2019 - Bullish but be cautious of bearish divergence

InvestorsDoctor
Publish date: Fri, 18 Oct 2019, 11:23 AM
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18/10/2019
 
*US Mini Dow Jones Dec 19*
 
Yesterday close: 26993 +53
 
DJI edged higher yesterday to test 27000 level after strong earnings results from index stocks, but upside was limited by weak economic data. 
 
Hourly chart remain in rebound stage but be cautious of RSI bearish divergence.
 
*Classic Support & Resistance*
Support: 26900 26600
Resistance: 27100 27300
 
*Recommended trading plan today:*
1. Trade in range 26800-27100
 
*Margin Requirement (per lot):*
USD 6050
 
Disclaimer: For idea sharing only, trade at your own risk
 
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