The Dow Jones Trying to Preserve Its Gains

The Dow Jones Industrial Index provided positive trading, recording its highest level at 34,593.

On the technical side, we tend to the positivity, relying on the continuation of the index maintaining trading above the support level of 34,330, as long as the index continues to obtain positive signs from the RSI within attempts to obtain more bullish momentum.

Therefore, the bullish bias is the most preferred today, targeting 34,610 first target, taking into consideration that the confirmation of its breach is a catalyst that enhances the chances of rising to visit 34,740.

Trading and price stability below 34,320 will immediately stop any upward movements and put the price under strong negative pressure, with its initial target located around 34,170. Note: the risk level is high.

 Note: Stochastic is trying to get rid of the current negativity.

S1: 34325	R1: 34610
S2: 34175	R2: 34740
S3: 34045	R3: 34885