Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 9/12/2019 - Above 28000 level for more rebound

InvestorsDoctor
Publish date: Mon, 09 Dec 2019, 03:40 PM
InvestorsDoctor
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9/12/2019
 
*US Mini Dow Jones Dec 19*
 
Yesterday close: 28014 +336
 
DJI surged more than 300pts on last Friday on the back of bullish job data. 
 
Hourly chart testing to hold above 28000 level, but be cautious as RSI in overbought.
 
*Classic Support & Resistance*
Support: 27850 27700
Resistance: 28200 28300
 
*Recommended trading plan today:*
1. Buy 28050, stop 28025, profit 28075/28100/28125
2. Sell 27960, stop 27985, profit 27935/27910/27885
 
*Margin Requirement (per lot):*
USD 5500
Micro: USD 550
 
Disclaimer: For idea sharing only, trade at your own risk
 
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