Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 30/10/2019 - Watch out for FOMC decision

InvestorsDoctor
Publish date: Wed, 30 Oct 2019, 12:34 PM
InvestorsDoctor
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30/10/2019
 
*US Mini Dow Jones Dec 19*
 
Yesterday close: 27042 -11
 
DJI ended in flat range yesterday as market stay cautious ahead of Federal Reserve meeting. Watch out for non farm employment on 815pm, GDP data on 830pm, and FOMC statement on 2am tomorrow.
 
Hourly chart in sideway to higher trend, wait for more breakout.
 
*Classic Support & Resistance*
Support: 26880 26580
Resistance: 27260 27400
 
*Recommended trading plan today:*
1. Sell 27010, stop 27035, profit 26985/26960/26935
2. Buy 27070, stop 27045, profit 27095/27120/27145
 
*Margin Requirement (per lot):*
USD 6050
Micro: USD 605
 
Disclaimer: For idea sharing only, trade at your own risk
 
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