Index

Dow Jones may rise to 41550 - 42450

2024-07-18

Pivot

40000

Our preference

Long positions above 40000 with targets at 41550 & 42450 in extension.

Alternative scenario

Below 40000 look for further downside with 39100 & 37700 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

42600

42450

41550

41090 Last

40000

39100

37700

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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