Dow Jones may rise to 39400 - 40070

Pivot

37700

Our preference

Long positions above 37700 with targets at 39400 & 40070 in extension.

Alternative scenario

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

Comment

The RSI is mixed to bullish.

Supports and resistances

40630

40070

39400

39189 Last

37700

37080

36260

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