Dow Jones (CME) may rise to 39550.00 - 39620.00

(M4) Intraday: bullish bias above 39370.00.

Pivot

39370.00

Our preference

Long positions above 39370.00 with targets at 39550.00 & 39620.00 in extension.

Alternative scenario

Below 39370.00 look for further downside with 39270.00 & 39190.00 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

Supports and resistances

39700.00

39620.00

39550.00

39470.00 Last

39370.00

39270.00

39190.00

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

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