ThemasterFxIdea

DJI on the M30 time-frame

Short
TVC:DJI   Dow Jones Industrial Average Index
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.