20/12/2019
*US Mini Dow Jones Mar 20*
Yesterday close: 28401 +120
DJI rose more than 100pts to new high yesterday despite the news of President Donald Trump’s impeachment by the House. Watch out for GDP data on 930pm tonight.
Hourly chart formed higher highs & lows, more to bullish, close above 28420 to trigger more upside, but be cautious as RSI in overbought.
*Classic Support & Resistance*
Support: 28330 28240
Resistance: 28450 28550
*Recommended trading plan today:*
1. Buy 28420, stop 28395, profit 28445/28470/28495
2. Sell 28387, stop 28412, profit 28362/28337/28312
*Margin Requirement (per lot):*
USD 5500
Micro: USD 550
Disclaimer: For idea sharing only, trade at your own risk
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