Dow Jones Continues to Hit The Bullish Targets

Positive moves continue to dominate the Dow Jones Industrial Average, as we expected touching the first target to be achieved during the previous analysis, located at 31,350, recording its highest level at 31,382.

On the technical side, today, with the index resting above the support floor of 31,210, accompanied by the persistence of the index getting positive signals from the RSI, in addition to stochastic around overbought areas.

Thus, the bullish scenario will remain valid, provided that 31,380 is breached, targeting 31,445 first targets, and gains extend later to 31,530.

To remind you that holding above 31,210 is an important and essential condition for activating the suggested scenario.

Note: the comparative risk levels may be high compared to the expected return.

S1: 31210	R1: 31445
S2: 31060	R2: 31535
S3: 30970	R3: 31685