Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 10/12/2019 - Unable to hold above 28000, may enter into range

InvestorsDoctor
Publish date: Tue, 10 Dec 2019, 11:46 AM
InvestorsDoctor
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10/12/2019
 
*US Mini Dow Jones Dec 19*
 
Yesterday close: 27902 -112
 
DJI fell more than 100pts after 3 days of gains on profit taking. 
 
Hourly chart failed to hold above 28000 level, may move into range.
 
*Classic Support & Resistance*
Support: 27700 27560
Resistance: 28050 28200
 
*Recommended trading plan today:*
1. Buy 27940, stop 27915, profit 27965/27990/28015
2. Sell 27877, stop 27902, profit 27852/27827/27802
 
*Margin Requirement (per lot):*
USD 5500
Micro: USD 550
 
Disclaimer: For idea sharing only, trade at your own risk
 
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