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Dow Jones (CME) (M4) Intraday: under pressure.

2024-04-16
469

Pivot: 38150.00

Our preference: short positions below 38150.00 with targets at 37850.00 & 37670.00 in extension.

Alternative scenario: above 38150.00 look for further upside with 38340.00 & 38570.00 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:

38570.00

38340.00

38150.00

37978.00 Last

37850.00

37670.00

37420.00

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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