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Dow Jones (CME) (H4) Intraday: the downside prevails.
2024-02-20
814
Pivot: 38740.00
Our preference: short positions below 38740.00 with targets at 38510.00 & 38400.00 in extension.
Alternative scenario: above 38740.00 look for further upside with 38810.00 & 38910.00 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
38910.00
38810.00
38740.00
38617.00 Last
38510.00
38400.00
38300.00
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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