Dow Jones ST: bullish bias above 38600.
Pivot: 38600
Our preference: long positions above 38600 with targets at 39500 & 40200 in extension.
Alternative scenario: below 38600 look for further downside with 38000 & 37060 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
40700
40200
39500
39087 Last
38600
38000
37060
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