Dow Jones Aims to Achieve More Height

During the previous trading session, the Dow Jones Industrial Average achieved the official bullish goals, touching the first target 36,125 and approaching a few points by a few points at the second target of 36,260, recording the highest 36,240.

Today’s technical outlook indicates the possibility of continuing the rise, depending on the stability of the index price above 36,030 and most importantly 36,000, in addition to the attempts of stochastic to get rid of the current negativity.

Therefore, we may witness a trading session in the green range, targeting the 36,225 first target, considering that breaching it extends the index’s gains so that we will be waiting for 36,380.

The breach below the 36,000 support level will postpone the chances of a rise, and we may witness a retest of the 35,930 support level before repeating the attempts to rise again.

Note: the level of risk is high.

S1: 35930	R1: 36225
S2: 35770	R2: 36380
S3: 35630	R3: 36520