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Analysis

Dow Jones (CME) may rise to 39890.00 - 40290.00

BY Trading Central

|August 9, 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 39890.00 & 40290.00 in extension.

Alternative scenario

Below 39170.00 look for further downside with 38950.00 & 38760.00 as targets.

Comment

The next resistances are at 39890.00 and then at 40290.00.

Supports and resistances

40660.00

40290.00

39890.00

39570.00 Last

39170.00

38950.00

38760.00

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

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