Index

Dow Jones may rise to 41360 - 42450

2024-08-24

Pivot

40270

Our preference

Long positions above 40270 with targets at 41360 & 42450 in extension.

Alternative scenario

Below 40270 look for further downside with 39430 & 38500 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

42600

42450

41360

40966 Last

40270

39430

38500

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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