Dow Jones Returns to The Bullish Rebound

The Dow Jones Industrial Average was able to achieve the bearish target to be touched, at 34,200, to record its lowest price of 34,207, resuming the bullish rebound as a result of touching the support represented in the published target.

Technically, the RSI returns to defend the bullish bias, in addition to the return of the stability of the index price above the 34,600 level. Nimble to the positive, but cautiously, targeting 34,950 first target, knowing that its breach is a catalyst that enhances the chances of rising to visit 34,120/35,150.

Confirmation of the index breaking the support level 34,600 will invalidate the activation of the suggested bullish bias, and we may witness negative pressure targeting 34,400.

Note: the risks are high.

S1: 34375	R1: 34950
S2: 34005	R2: 35150
S3: 33805	R3: 35520