Dow Jones Maintains a Bullish Path

The Dow Jones index maintains positive stability, recording its highest level during the previous trading session, 33,670 benefiting from an intraday consolidation on the support floor of 33,560.

Technically, we tend to be positive, relying on the RSI to continue providing positive signals on short intervals, which come as the stochastic indicator continues to be concentrated around overbought areas.

Therefore, the bullish bias is likely today, targeting 33,680 the first target, knowing that the breach of the aforementioned level extends the index’s gains, so we will be waiting for 33,740, and then 33,810.

From below, confirming the breach of the support level of 33,560 will postpone the chances of the upside, and we are witnessing a bearish tendency aiming to re-test 33,490 and then 33,450 respectively.

S1: 33560	R1: 33680
S2: 33490	R2: 33740
S3: 33445	R3: 33810