Dow Jones (CME) may fall to 38450.00 - 38580.00

(M4) Intraday: key resistance at 38820.00.

Pivot

38820.00

Our preference

Short positions below 38820.00 with targets at 38580.00 & 38450.00 in extension.

Alternative scenario

Above 38820.00 look for further upside with 38940.00 & 39080.00 as targets.

Comment

The upward potential is likely to be limited by the resistance at 38820.00.

Supports and resistances

39080.00

38940.00

38820.00

38735.00 Last

38580.00

38450.00

38300.00

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

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