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Dow Jones (CME) (H4) Intraday: consolidation.
2024-02-20
156
Pivot: 38810.00
Our preference: short positions below 38810.00 with targets at 38630.00 & 38510.00 in extension.
Alternative scenario: above 38810.00 look for further upside with 38910.00 & 39010.00 as targets.
Comment: as long as 38810.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
39010.00
38910.00
38810.00
38713.00 Last
38630.00
38510.00
38300.00
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