Dow Jones Maintains Its Gains And Positivity Remains

The Dow Jones Industrial Average achieved noticeable gains in the New York Stock Exchange within the expected positive outlook, approaching the first target of 34,950, recording its highest level at 34,912.

On the technical side, we tend to the positive side, relying on the clear positive signs on the RSI and the stability of the index’s price above the 34,630 support level.

Therefore, the bullish bias is the most preferred, targeting 35,000 initial official stations, considering that the confirmation of breaching the mentioned level extends the index’s gains so that we will be waiting for 35,140.

Activating the bullish scenario requires stability and stability of the price above 34,630, and breaking it will postpone the chances of a rise. Still, it does not cancel them, and we may witness a bearish slope that aims to retest 34,400. Note: The risk level is high.

S1: 34635	R1: 35000
S2: 34405	R2: 35140
S3: 34270	R3: 35370