Dow Jones (CME) may rise to 41670.00 - 41800.00
BY Trading Central
|August 30, 2024(U4) Intraday: bullish bias above 41300.00.
Pivot
41300.00
Our preference
Long positions above 41300.00 with targets at 41670.00 & 41800.00 in extension.
Alternative scenario
Below 41300.00 look for further downside with 41160.00 & 40940.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances
42000.00
41800.00
41670.00
41456.00 Last
41300.00
41160.00
40940.00
Number of asterisks represents the strength of support and resistance levels.
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