The Dow Jones Industrial Average managed to maintain the bullish path as they expected, touching the first target to be achieved during the previous analysis, located at 31,245, and approaching a few points difference from the second target 31,325, recording its highest price of 31,306.
The technical side today indicates the possibility of continuing the rise, with the index continuing to obtain a positive stimulus from the 50-day moving average, which is accompanied by stochastic concentrating around overbought areas.
We complete the objectives of the previous report, 31,350, a first target, and then 31,430 official stations that may extend their targets later towards 31,500. The bullish scenario depends on the index price remaining above the support level of 31.020.
S1: 31145 | R1: 31350 |
S2: 31020 | R2: 31430 |
S3: 30940 | R3: 31560 |