Dow Jones (CME) (M4) Intraday: key resistance at 37980.00.
Pivot: 37980.00
Our preference: short positions below 37980.00 with targets at 37644.00 & 37460.00 in extension.
Alternative scenario: above 37980.00 look for further upside with 38160.00 & 38285.00 as targets.
Comment: as long as 37980.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
38285.00
38160.00
37980.00
37848.00 Last
37644.00
37460.00
37100.00
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