Dow Jones (CME) (M4) Intraday: the bias remains bullish.
Pivot: 39060.00
Our preference: long positions above 39060.00 with targets at 39390.00 & 39580.00 in extension.
Alternative scenario: below 39060.00 look for further downside with 38880.00 & 38770.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
39760.00
39580.00
39390.00
39184.00 Last
39060.00
38880.00
38770.00
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