Dow Jones: Maintains a Bullish Path

The Dow Jones Industrial Average continues to achieve gains on Wall Street within the expected bullish path, recording its highest level at 31660.

On the technical side today, and with the index succeeding in building a base on the support floor of 31,550 and the most important 31,520, which was accompanied by the positive signs of the RSI, in addition to stochastic concentrating around overbought areas.

From here, the bullish bias is likely today, targeting 31,690/31,695 the first target, and its breach is a catalyst that enhances the chances of the upside towards 31,740.

Trading below the support level of 31,520 negates the activation of the suggested bullish scenario, and we may witness negative moves that target 31,470 and may extend to 31,410. Note: The level of risk may be high today.

S1: 31550	R1: 31695
S2: 31470	R2: 31745
S3: 31415	R3: 31830