5/12/2019
*US Mini Dow Jones Dec 19*
Yesterday close: 27643 +156
DJI boosted more than 150pts yesterday on a news report from Bloomberg that said the US and China were edging closer to a trade deal. Watch out for jobless claims data on 930pm.
Hourly chart testing rebound from RSI oversold, close above 27730 to trigger more upside.
*Classic Support & Resistance*
Support: 27500 27400
Resistance: 27730 27870
*Recommended trading plan today:*
1. Buy 27730, stop 27705, profit 27755/27780/27805
2. Sell 27560, stop 27585, profit 27535/27510/27485
*Margin Requirement (per lot):*
USD 5500
Micro: USD 550
Disclaimer: For idea sharing only, trade at your own risk
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