Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 16/12/2019 - Sideway to higher, wait for more breakout

InvestorsDoctor
Publish date: Mon, 16 Dec 2019, 12:46 PM
InvestorsDoctor
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16/12/2019
 
*US Mini Dow Jones Mar 20*
 
Yesterday close: 28165 +35
 
DJI was little changed on last Friday after China and the US agreed to a phase one trade deal. 
 
Hourly chart in sideway to higher trend, wait for more breakout.
 
*Classic Support & Resistance*
Support: 28040 27970
Resistance: 28310 28400
 
*Recommended trading plan today:*
1. Sell 28163, stop 28188, profit 28138/28113/28088
2. Buy 28200, stop 28175, profit 28225/28250/28275
 
*Margin Requirement (per lot):*
USD 5500
Micro: USD 550
 
Disclaimer: For idea sharing only, trade at your own risk
 
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