Daniel_Thompson

US30 Dow Jones

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Dow Jones (CME)‎ (M1)‎ Intraday: the bias remains bullish.

Pivot:
34050.00

Our preference:
Long positions above 34050.00 with targets at 34600.00 & 34800.00 in extension.

Alternative scenario:
Below 34050.00 look for further downside with 33750.00 & 33470.00 as targets.

Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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