Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 11/12/2019 - Move in range, wait for more breakout

InvestorsDoctor
Publish date: Wed, 11 Dec 2019, 11:33 AM
InvestorsDoctor
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11/12/2019
 
*US Mini Dow Jones Dec 19*
 
Yesterday close: 27921 +19
 
DJI move in tight range yesterday as market stay cautious ahead of US-China trade deadline. Watch out for CPI data on 930pm tonight.
 
Hourly chart move within previous range, wait for more breakout.
 
*Classic Support & Resistance*
Support: 27700 27560
Resistance: 28050 28200
 
*Recommended trading plan today:*
1. Sell 27860, stop 27885, profit 27835/27810/27785
 
*Margin Requirement (per lot):*
USD 5500
Micro: USD 550
 
Disclaimer: For idea sharing only, trade at your own risk
 
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