Dow Jones Continues to Achieve Our Bullish Goals

A noticeable push for the Dow Jones Industrial Average, as we expected during the last analysis, touching the official target station located at the price of 34,140, recording the highest of 34,141.

On the technical side today, we tend to be positive, depending on the price intraday above 34,000 and generally above 33,930, in addition to the RSI’s continued defense above the 50 midline.

Consequently, the bullish scenario will remain valid and effective, targeting 34,191 first targets, and then 34,290 next stations, whose targets may extend later to 34,450.

From below, the return of trading to stability again below 33,890 will immediately stop the expected bullish trend, and we may witness a bearish tendency targeting 33,770.

Note: the level of risk may be high today.

Note: Stochastic attempts to eliminate the current negativity.

S1: 33930	R1: 34190
S2: 33770	R2: 34295
S3: 33670	R3: 34450