Dow Jones Continues to Achieve Highs

The Dow Jones Industrial Average continued to score bullish goals, touching the first peak mentioned in the previous analysis at 31,170, to record its highest levels of 13,189.

Technically, with the RSI still defending the bullish trend, in addition to stochastic remaining around overbought areas.

This increases the chances of continuing gains targeting 31,245 then 31,325. It should also be noted that the confirmation of the recent breach is able to push the price towards the upside, so we are waiting for 31,460.

The suggested scenario depends on trading remaining above the support level of 31,030, and breaking it will delay the bullish scenario and may witness a bearish tendency aimed at re-testing 30,890 before resuming the rise again.

Note: The level of risk may be high today.

S1: 31030	R1: 31245
S2: 30895	R2: 31325
S3: 30815	R3: 31465