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 Clearing stocks before the coming crash, what have I missed out in the analysis?

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XiangWego
post Feb 21 2019, 02:00 PM

New Member
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Newbie
14 posts

Joined: Feb 2019
*US Mini Dow Jones Mar 19*

Yesterday close : 25964 +81

DJI edged higher to more than 2 months high on US-China trade hopes and a more to dovish FOMC meeting minutes. Watch out for jobless claims & durable goods orders data on 930pm, existing home sales data on 11pm tonight.

4H chart formed higher highs & lows, more to bullish, but be cautious as RSI in overbought.

*Classic Support & Resistance*
Support: 25789 25275
Resistance: 26268 26562

*Recommended trading plan today:*
1. Buy 26030, stop 26010, profit 26050/26070/26090/26110.

*Margin Requirement (per lot):*
USD 6490

Disclaimer: Idea sharing only, trade at your own risk.

 

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