Current price: 38160
Key point: 37880
Our preferred direction: Buy positions above 37880 levels with 38470 as a first target and then 38600 as a second target.
Alternative scenario: Stop loss and change the trend by breaking the 37880 level, targeting the 37245 levels.
Technical commentary
The Dow Jones index is now trading above the support levels 37765-37880 and if the price breaks the downtrend line upwards, the price will head towards the levels 38470-38600
However, if it breaks and closes below the 37765 levels, the index will head towards the levels of
