Dow Jones Continues to Rise

Positive trading continues to control the movements of the Dow Jones Industrial Average on Wall Street, to find the index succeeded in building a base on the support floor of 30,050, and in general above 30,000.

On the technical side, and with the RSI still defending the upside, in addition to stochastic concentrating around overbought areas.

Consequently, we will maintain our positive outlook, targeting 30,300 first targets, then 30,440 next stop. Stability below 30,000 is able to derail the bullish trend, and we may witness a re-test of 29970.

Note: The level of risk is high

S1: 29970	R1: 30300
S2: 29780	R2: 30440
S3: 29635	R3: 30630