Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 27/11/2019 - Retest historical high

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Publish date: Wed, 27 Nov 2019, 11:34 AM
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27/11/2019

 
US Mini Dow Jones Dec 19
 
Yesterday close: 28130 +91
 
DJI ended at new high yesterday. Watch out for jobless claims, durable goods orders and GDP data on 930pm and pending home sales data on 11pm tonight.
 
Hourly chart retest previous high near 28160, but be cautious as RSI in overbought
 
Classic Support & Resistance
Support: 28000 27900
Resistance: 28300 28400
 
Recommended trading plan today:
1. Buy 28160, stop 28135, profit 28185/28210/28235
2. Sell 28105, stop 28130, profit 28080/28055/28030
 
Margin Requirement (per lot):
USD 5500
Micro: USD 550
 
Disclaimer: For idea sharing only, trade at your own risk
 
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