Dow Jones (CME) (M4) Intraday: under pressure.
Pivot: 38160.00
Our preference: short positions below 38160.00 with targets at 37900.00 & 37740.00 in extension.
Alternative scenario: above 38160.00 look for further upside with 38260.00 & 38390.00 as targets.
Comment: as long as the resistance at 38160.00 is not surpassed, the risk of the break below 37900.00 remains high.
Supports and resistances:
38390.00
38260.00
38160.00
37982.00 Last
37900.00
37740.00
37550.00
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