Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 17/12/2019 - Hit new high, more to bullish, above 28350 for more upside

InvestorsDoctor
Publish date: Tue, 17 Dec 2019, 11:59 AM
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17/12/2019
 
*US Mini Dow Jones Mar 20*
 
Yesterday close: 28263 +98
 
DJI hit new high and closed higher yesterday after US & China reached a phase one trade deal. 
 
Hourly chart breakout from sideway, more to bullish, close above 28350 to trigger more upside.
 
*Classic Support & Resistance*
Support: 28150 28040
Resistance: 28350 28450
 
*Recommended trading plan today:*
1. Buy 28250, stop 28225, profit 28275/28300/28325
2. Sell 28200, stop 28225, profit 28175/28150/28125
 
*Margin Requirement (per lot):*
USD 5500
Micro: USD 550
 
Disclaimer: For idea sharing only, trade at your own risk
 
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