Dow Jones Achieves Strong Gains And The Positivity Continues

The Dow Jones Industrial Average jumped, achieving notable gains on Wall Street, to reach its highest level at 34,472. On the technical side today, and with a closer look at the 60-minute chart, we find that the Relative Strength Index continues to defend the daily bullish trend, in addition to the success of the index in maintaining the trading Above the 34,300 levels.

Therefore, we tend in our trading to the positive, targeting 34,625 first target, and its breach is a catalyst that enhances the chances of rising to visit 34,780. Activating the suggested scenario depends on the stability of daily trading above 34,260.

S1: 34160	R1: 34625
S2: 33845	R2: 34785
S3: 33680	R3: 35090