Index

Dow Jones may rise to 39270 - 40070

2024-06-08

Pivot

37700

Our preference

Long positions above 37700 with targets at 39270 & 40070 in extension.

Alternative scenario

Below 37700 look for further downside with 37080 & 36260 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

40630

40070

39270

38799 Last

37700

37080

36260

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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