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Dow Jones (CME) (H4) Intraday: key resistance at 38110.00.

2024-01-25
614

Pivot: 38110.00

Our preference: short positions below 38110.00 with targets at 37950.00 & 37880.00 in extension.

Alternative scenario: above 38110.00 look for further upside with 38200.00 & 38280.00 as targets.

Comment: as long as 38110.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

38280.00

38200.00

38110.00

38075.00 Last

37950.00

37880.00

37810.00

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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