Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 22/10/2019 - 27000 level become strong resistance level again?

InvestorsDoctor
Publish date: Tue, 22 Oct 2019, 02:57 PM
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22/10/2019
 
US Mini Dow Jones Dec 19
 
Yesterday close: 26797 +43
 
DJI recovered part of its previous losses yesterday on technical rebound. Watch out for existing home sales data on 10pm tonight.
 
4H chart formed a minor double top bearish pattern, close below 26600 to trigger more downside.
 
Classic Support & Resistance
Support: 26630 26340
Resistance: 27100 27320
 
Recommended trading plan today:
1. Buy 26860, stop 26835, profit 26885/26910/26935
2. Sell 26816, stop 26841, profit 26791/26766/26741
 
Margin Requirement (per lot):
USD 6050
 
Disclaimer: For idea sharing only, trade at your own risk
 
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