Index

Dow Jones may rise to 40630 - 41500

2024-05-18

Pivot

39320

Our preference

Long positions above 39320 with targets at 40630 & 41500 in extension.

Alternative scenario

Below 39320 look for further downside with 38560 & 37630 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

41700

41500

40630

39947 Last

39320

38560

37630

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

Trade with Exness

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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