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Dow Jones (CME) (M4) Intraday: key resistance at 40120.00.
2024-05-17
316
Pivot: 40120.00
Our preference: short positions below 40120.00 with targets at 39950.00 & 39880.00 in extension.
Alternative scenario: above 40120.00 look for further upside with 40190.00 & 40290.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 40120.00.
Supports and resistances:
40290.00
40190.00
40120.00
40046.00 Last
39950.00
39880.00
39730.00
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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