The Dow Jones Industrial Average touched the first target to be achieved in the previous trading session at 30,045, reaching a high of 30,054.
Technically, looking at the 60-minute chart, we find that the RSI indicator continues to defend the upside until the stochastic is positioned around overbought areas.
Therefore, we will maintain the positive expectations targeting 29,960 / 30,000 as initial targets, bearing in mind that confirming the breach of the psychological barrier of 30,000 accelerates and confirms the strength of the trend so that the way is open to score goals that extend to 30,230.
The bullish scenario requires stability in general above the support level of 29,510.
Warning: The level of risk is still high.
S1: 29505 | R1: 29960 |
S2: 29330 | R2: 30230 |
S3: 29055 | R3: 30405 |