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Dow Jones (CME) (H4) Intraday: intraday support around 38480.00.

2024-03-06
841

Pivot: 38480.00

Our preference: long positions above 38480.00 with targets at 38780.00 & 38890.00 in extension.

Alternative scenario: below 38480.00 look for further downside with 38390.00 & 38300.00 as targets.

Comment: a support base at 38480.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

38940.00

38890.00

38780.00

38699.00 Last

38480.00

38390.00

38300.00

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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