Dow Jones Increases the Gains

The Dow Jones Industrial Average jumped yesterday, achieving strong gains on Wall Street, within a positive outlook, as we expected it to surpass the second official target at 30,530, recording its highest level at 30,909.

On the technical side today, the daily trend is still up, dependent on stochastic around overbought areas, which coincides with the continuation of the index receiving a positive sign from the RSI over short periods of time.

Therefore, 31,130 is the next first target, and breaching it will increase the gains of the industrial index, opening the way towards 31,390. A reminder that activating the suggested bullish scenario requires stability in general above 30,380.

Note: the risk level may be high.

S1: 30380	R1: 31130
S2: 29895	R2: 31395
S3: 29630	R3: 31880