Dow Jones (CME) (M4) Intraday: key resistance at 38880.00.
Pivot: 38880.00
Our preference: short positions below 38880.00 with targets at 38600.00 & 38470.00 in extension.
Alternative scenario: above 38880.00 look for further upside with 39020.00 & 39160.00 as targets.
Comment: as long as 38880.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
39160.00
39020.00
38880.00
38780.00 Last
38600.00
38470.00
38300.00
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