Dow Jones Continues to Maximize Gains

The Dow Jones Industrial Average on Wall Street jumped within the expected upward trend during the previous analysis, touching the first target to be achieved at 32,680, heading towards the official target station of 32,820, recording a high of 32,840.

On the technical side, today, we hold onto our positive outlook based on stochastic concentrating around overbought areas, in addition to the RSI indicator continuing to defend the upside.

The confirmation of the breach of 32,835/32,480 increases and accelerates the strength of the bullish trend, opening the way directly in front of the index to visit 32,885 and then 33,330.

The suggested bullish scenario depends on the index price remaining above 32,780, and most importantly 32,480.

Note: The risk level may be high today.

S1: 32780	R1: 32835
S2: 32500	R2: 32885
S3: 32330	R3: 33330