Dow Jones Maintains Bullish Path

The Dow Jones industrial average maintains positive stability in the New York Stock Exchange, generally stable above the support floor 30,790.

On the technical side today, and with a closer look at the chart, the stochastic indicator is still around overbought areas, and the RSI indicator is stable above the 50 midline.

Therefore, we will maintain our positive outlook, targeting 31,050 the first target, bearing in mind that surpassing the aforementioned target increases and confirms the strength of the daily bullish trend 31,130 and gains may extend later towards 31,240.

Trading again below 30,790 could cancel the suggested scenario and the index may witness negative trading with its target 30,710.

S1: 30840	R1: 31050
S2: 30710	R2: 31130
S3: 30625	R3: 31260