Dow Jones Intraday: under pressure.
Pivot: 38850
Our preference: short positions below 38850 with targets at 38600 & 38470 in extension.
Alternative scenario: above 38850 look for further upside with 38970 & 39100 as targets.
Comment: as long as 38850 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
39100
38970
38850
38675 Last
38600
38470
38340
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