15/1/2019
*US Mini Dow Jones Mar 19*
Yesterday close : 23867 -83
DJI declined yesterday on weak China export data raised concerns of global economic slow down but managed to reverse its losses today. Watch out for PPI data on 930pm tonight.
Hourly chart showed DJI break higher high to continue its rebound but volume slow down and there is a RSI bearish divergence, may limit upside of DJI.
*Classic Support & Resistance*
Support: 23640 23279
Resistance: 24241 24860
*Recommended trading plan today:*
1. Buy 24000, stop 23964, profit 24036/24072/24108/24144.
*Margin Requirement (per lot):*
USD 6490
Disclaimer: Idea sharing only, trade at your own risk.
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WongZhenKang
useful info on the graph
2019-01-15 12:08