12/12/2019
US Mini Dow Jones Dec 19
Yesterday close: 27924 +3
DJI move in tight range yesterday after the Federal Reserve indicated it will likely not raise rates in 2020. Watch out for jobless claims and PPI data on 930pm tonight.
Hourly chart move within previous range, wait for more breakout.
Classic Support & Resistance
Support: 27700 27560
Resistance: 28200 28300
Recommended trading plan today:
1. Sell 27916, stop 27941, profit 27891/27866/27841
Margin Requirement (per lot):
USD 5500
Micro: USD 550
Disclaimer: For idea sharing only, trade at your own risk
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