Positive movements continue to dominate the movements of the Dow Jones Industrial Average in the New York Stock Exchange, recording the highest 34,561.
On the technical side, today, we tend to be positive in our trading, relying on building the price above 34,40/34,410 support, which is accompanied by the index getting positive signals from the RSI.
Therefore, the bullish scenario remains valid and effective, targeting 34,590 first target, taking into consideration that the confirmation of the latter’s breach increases and accelerates the strength of the bullish trend to target 34,650.
Only from below that trading remains below 34,410 will immediately stop the suggested bullish scenario and lead the index to retest 34,345/34,340.
S1: 34435 | R1: 34590 |
S2: 34345 | R2: 34650 |
S3: 34280 | R3: 34745 |