Dow Jones (CME) may rise to 40180.00 - 40310.00

(M4) Intraday: further advance.

Pivot

39770.00

Our preference

Long positions above 39770.00 with targets at 40180.00 & 40310.00 in extension.

Alternative scenario

Below 39770.00 look for further downside with 39600.00 & 39430.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

40520.00

40310.00

40180.00

40068.00 Last

39770.00

39600.00

39430.00

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

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