Dow Jones may fall to 37700 - 39100

Pivot

40300

Our preference

Short positions below 40300 with targets at 39100 & 37700 in extension.

Alternative scenario

Above 40300 look for further upside with 41360 & 42450 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

42450

41360

40300

39737 Last

39100

37700

37130

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