Dow Jones may rise to 40070 - 40230

Pivot

39790

Our preference

Long positions above 39790 with targets at 40070 & 40230 in extension.

Alternative scenario

Below 39790 look for further downside with 39630 & 39380 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

40460

40230

40070

39981 Last

39790

39630

39380

Number of asterisks represents the strength of support and resistance levels.