Dow Jones may rise to 39270 - 40070

Pivot

37700

Our preference

Long positions above 37700 with targets at 39270 & 40070 in extension.

Alternative scenario

Below 37700 look for further downside with 37080 & 36260 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

40630

40070

39270

38799 Last

37700

37080

36260

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