Index

Dow Jones may rise to 39790 - 39890

2024-05-23

Pivot

39510

Our preference

Long positions above 39510 with targets at 39790 & 39890 in extension.

Alternative scenario

Below 39510 look for further downside with 39380 & 39210 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

40070

39890

39790

39671 Last

39510

39380

39210

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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