Index

Dow Jones may rise to 42080 - 42500

2024-08-31

Pivot

40560

Our preference

Long positions above 40560 with targets at 42080 & 42500 in extension.

Alternative scenario

Below 40560 look for further downside with 40000 & 39580 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

42750

42500

42080

41264 Last

40560

40000

39580

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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