Dow Jones Maintains a Bullish Path

The Dow Jones Industrial Average touched our first target required to be achieved during the previous trading session, located at 33,680, approaching a few points difference from the second target 33,740, recording the highest of 33,720.

On the technical side, the RSI indicator is trying to hold onto the bullish momentum, in addition to trading stability above the support level of 33,550, and in general above 33,440.

We tend to be positive, targeting 33,710, and breaching it extends the gains of the index, opening the way to visit 33,850. From below, a break of 33,440/33,430, and price stability below it will immediately stop the bullish scenario, and we may witness strong negative trades with an initial target of around 33,290.

Note: the level of risk may be high today.

S1: 33430	R1: 33710
S2: 33290	R2: 33850
S3: 33150	R3: 33990