Dow Jones Dow Jones Continues to Make Gains

The Dow Jones Industrial Average touched the first required target mentioned in the previous analysis at 28220, extending the gains, peaking at 28386.

Technically, we tend to be positive depending on the positive motive of the SMA-50, with the stochastic indicator centered around overbought areas.

From here, with intraday trading remaining above 27970 and in general, above 27860, the bullish scenario will remain valid targeting 28385, knowing that it accelerates the strength of the bullish trend so that the roads will be open directly towards 28420 then 28460.

Consolidation below 27860 negates the suggested scenario and puts the price under negative pressure targeting 27560.

Caution: The level of risk is high

Warning: US employment data due for release today may affect the index moves.

S1: 27860	R1: 28420
S2: 27560	R2: 28685
S3: 27295	R3: 28985