Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 20/11/2019 - Technical correction from bearish divergence, below 27800 for more downside

InvestorsDoctor
Publish date: Wed, 20 Nov 2019, 11:47 AM
To get more information on local and foreign futures markets, join us on telegram & Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/



20/11/2019

 
*US Mini Dow Jones Dec 19*
 
Yesterday close: 27895 -113
 
DJI dropped more than 100pts yesterday on escalated US-China trade deal concerns. Watch out for FOMC meeting minutes on 3am tomorrow.
 
Hourly chart testing technical correction from bearish divergence, below 27800 to trigger more downside.
 
*Classic Support & Resistance*
Support: 27630 27470
Resistance: 27980 28130
 
*Recommended trading plan today:*
1. Buy 27885, stop 27860, profit 27910/27935/27960
2. Sell 27810, stop 27835, profit 27785/27760/27735
 
*Margin Requirement (per lot):*
USD 5500
Micro: USD 550
 
Disclaimer: For idea sharing only, trade at your own risk
 
JOIN US to discover more about FUTURES TRADING !!!
 
YouTube link:
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link:
https://www.facebook.com/investorsdoctoracademy
 
Whatsapp link:
https://api.whatsapp.com/send?phone=601153537589
More articles on Dow Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment