Dow Jones Looking For Confirmation

The movements of the Dow Jones Industrial Average witnessed a limited upward tendency to find a strong resistance level, as we mentioned during the previous analysis 35,080, explaining that it is an important and basic condition for activating the long positions.

Technically, the relative strength indicator continues to provide positive signals on the short intervals, accompanied by attempts by stochastic that tend to be positive.

Although we prefer to rise, we await confirmation of the breach of 35,090, targeting 35,160, a first target that may extend later to visit 35,220. Only from below, the return of stability again below the 34,920 support level, putting the price under negative pressure targeting a retest of 34,800.

S1: 33920	R1: 35090
S2: 32855	R2: 35160
S3: 34770	R3: 35225