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Dow Jones ST: consolidation in place.

2024-05-24
532

Pivot: 40060

Our preference: short positions below 40060 with targets at 38560 & 37630 in extension.

Alternative scenario: above 40060 look for further upside with 40630 & 41500 as targets.

Comment: the RSI advocates for further decline.

Supports and resistances:

41500

40630

40060

39052 Last

38560

37630

37070

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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