E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – 34677 Controls Early Tone on Tuesday

E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – 34677 Controls Early Tone on Tuesday

September E-mini Dow Jones Industrial Average futures inched higher on Monday in a limited holiday session. With the cash market closed for U.S. Independence Day. When the U.S. stock market opens on Tuesday, bullish investors will be looking to extend Friday’s rally that was fueled by a mixed labor market report that may keep the Federal Reserve from raising interest rates any time soon.

In an abbreviated trade on Monday, September E-mini Dow Jones Industrial Average futures settled at 34688, up 11 or +0.03%.

The Labor Department’s employment report showed nonfarm payrolls beat the forecast, while the unemployment rate rose and average hourly earnings came in as expected.