Index

Dow Jones may fall to 39580 - 40000

2024-09-07

Pivot

41100

Our preference

Short positions below 41100 with targets at 40000 & 39580 in extension.

Alternative scenario

Above 41100 look for further upside with 41580 & 42080 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

42080

41580

41100

40380 Last

40000

39580

38500

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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