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

2024-04-25
163

Pivot: 38700.00

Our preference: short positions below 38700.00 with targets at 38520.00 & 38345.00 in extension.

Alternative scenario: above 38700.00 look for further upside with 38800.00 & 38900.00 as targets.

Comment: as long as the resistance at 38700.00 is not surpassed, the risk of the break below 38520.00 remains high.

Supports and resistances:

38900.00

38800.00

38700.00

38562.00 Last

38520.00

38345.00

38200.00

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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