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Risk disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Dow Jones (CME) may rise to 39310.00 - 39390.00

BY Trading Central

|June 20, 2024

(U4) Intraday: intraday support around 39170.00.

 (U4) Intraday: intraday support around 39170.00.

Pivot

39170.00

Our preference

Long positions above 39170.00 with targets at 39310.00 & 39390.00 in extension.

Alternative scenario

Below 39170.00 look for further downside with 39040.00 & 38950.00 as targets.

Comment

The RSI is below its neutrality area at 50% but reversing up.

Supports and resistances

39470.00

39390.00

39310.00

39252.00 Last

39170.00

39040.00

38950.00

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

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