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Dow Jones (CME) (H4) Intraday: bullish bias above 37780.00.
2023-12-20
380
Pivot: 37780.00
Our preference: long positions above 37780.00 with targets at 37960.00 & 38070.00 in extension.
Alternative scenario: below 37780.00 look for further downside with 37640.00 & 37520.00 as targets.
Comment: investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
38150.00
38070.00
37960.00
37909.00 Last
37780.00
37640.00
37520.00
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