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Analysis

Dow Jones (CME) may fall to 38560.00 - 38630.00

BY Trading Central

|February 12, 2024

(H4) Intraday: key resistance at 38780.00.

 (H4) Intraday: key resistance at 38780.00.

Pivot

38780.00

Our preference

Short positions below 38780.00 with targets at 38630.00 & 38560.00 in extension.

Alternative scenario

Above 38780.00 look for further upside with 38820.00 & 38880.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

38880.00

38820.00

38780.00

38737.00 Last

38630.00

38560.00

38490.00

Number of asterisks represents the strength of support and resistance levels.

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