Dow Jones (CME) (M4) Intraday: key resistance at 38460.00.
Pivot: 38460.00
Our preference: short positions below 38460.00 with targets at 38135.00 & 37980.00 in extension.
Alternative scenario: above 38460.00 look for further upside with 38660.00 & 38840.00 as targets.
Comment: as long as the resistance at 38460.00 is not surpassed, the risk of the break below 38135.00 remains high.
Supports and resistances:
38840.00
38660.00
38460.00
38338.00 Last
38135.00
37980.00
37830.00
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