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Dow Jones Intraday: intraday support around 39850.

2024-05-20
849

Pivot: 39850

Our preference: long positions above 39850 with targets at 40230 & 40460 in extension.

Alternative scenario: below 39850 look for further downside with 39630 & 39380 as targets.

Comment: the next resistances are at 40230 and then at 40460.

Supports and resistances:

40700

40460

40230

39981 Last

39850

39630

39380

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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