Dow Jones (CME) (M5) Intraday: key resistance at 42220.00.
Short positions below 42220.00 with targets at 41580.00 & 41320.00 in extension.
Pivot: 42220.00
Our preference: short positions below 42220.00 with targets at 41580.00 & 41320.00 in extension.
Alternative scenario: above 42220.00 look for further upside with 42460.00 & 42870.00 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
42870.00
42460.00
42220.00
41885.00 Last
41580.00
41320.00
41050.00
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