Dow Jones may fall to 38550 - 38820

Pivot

39380

Our preference

Short positions below 39380 with targets at 38820 & 38550 in extension.

Alternative scenario

Above 39380 look for further upside with 39580 & 39780 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

39780

39580

39380

39065 Last

38820

38550

38320

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