Dow Jones Getting a Positive Signal

Mixed trades dominated the movements of the Dow Jones Industrial Average during the last session’s trading. We indicated that the breach of the 31,550 minor resistance level will immediately stop the expected scenario and restore the index to recover again to complete the official bullish path with a target of 31,615, reaching its highest level at 31629. Technical analysis today indicates the possibility of a tendency. It was bullish during the coming hours due to the stability of intraday trading above the support level of 31,440, and in general above 31,330, in addition to the positive signs coming from the RSI. We are targeting 31670/31675 as a first target, and its breach extends the gains of the index, opening the way to visit 31,830. Only from below a break of 31,330 puts the price under strong negative pressure, and we are witnessing negative moves initially targeting 31,125.