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Analysis

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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