Dow Jones may fall to 31540 - 31920
Our preference
Short positions below 32900 with targets at 31920 & 31540 in extension.
Alternative scenario
Above 32900 look for further upside with 33350 & 33700 as targets.
Comment
The RSI is below its neutrality area at 50%
Daily and weekly charts are also bearish.
Our preference
Short positions below 32900 with targets at 31920 & 31540 in extension.
Alternative scenario
Above 32900 look for further upside with 33350 & 33700 as targets.
Comment
The RSI is below its neutrality area at 50%
Daily and weekly charts are also bearish.