Short
US30 Short
Dow Jones (CME) (H1) Intraday: consolidation in place.
Pivot:
33870.00
Our preference:
Short positions below 33870.00 with targets at 33450.00 & 33250.00 in extension.
Alternative scenario:
Above 33870.00 look for further upside with 34029.00 & 34190.00 as targets.
Comment:
As long as 33870.00 is resistance, look for choppy price action with a bearish bias.
Pivot:
33870.00
Our preference:
Short positions below 33870.00 with targets at 33450.00 & 33250.00 in extension.
Alternative scenario:
Above 33870.00 look for further upside with 34029.00 & 34190.00 as targets.
Comment:
As long as 33870.00 is resistance, look for choppy price action with a bearish bias.
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