Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 27/12/2019 - New high, year end rally continue

InvestorsDoctor
Publish date: Fri, 27 Dec 2019, 12:37 PM
InvestorsDoctor
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27/12/2019
 
*US Mini Dow Jones Mar 20*
 
Yesterday close: 28619 +111
 
DJI ended higher at another new high yesterday as year end rally continue. 
 
Hourly chart breakout from sideway, more to bullish,  but be cautious as RSI in overbought.
 
*Classic Support & Resistance*
Support: 28600 28500
Resistance: 28750 28850
 
*Recommended trading plan today:*
1. Buy 28680, stop 28655, profit 28705/28730/28755
 
*Margin Requirement (per lot):*
USD 5500
Micro: USD 550
 
Disclaimer: For idea sharing only, trade at your own risk
 
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