Dow Jones Maintains The Bullish Path

The Dow Jones Industrial Average jumped in Wall Street within the expected bullish path during the previous analysis, touching the official target station 32,430, to record its highest level during early trading for the current session 32,430.

On the technical side, today, with stochastic around overbought areas, in addition to the RSI indicator continuing its bullish bias.

This encourages us to maintain our positive outlook, targeting 32,650/32,660 as a first target, bearing in mind that surpassing the aforementioned target extends the index’s gains, opening the way directly towards 32,890.

The trend is to the upside, as long as we do not witness any trading below the pivotal support 31,950.

S1: 31950	R1: 32660
S2: 31485	R2: 32895
S3: 31250	R3: 33365