Dow Jones Maintains The Bullish Path

Dow Jones Industrial was able to touch the target level mentioned in the previous report at 28680, posting a high at 28596.

Technically, SMA 50 hold the price and the RSI continues to get positive signals on short intervals.

From here, by steadily trading above the previously breached resistance-into-support 28370, and most importantly 28330, it encourages us to maintain our positive outlook towards 28740 followed by 28910.

On the downside and by trading again below 28330, it negates the bullish scenario and puts the price under negative pressure with initial target at 28160.

Warning: Risk may be high.

S1: 28370	R1: 28745
S2: 28160	R2: 28910
S3: 28000	R3: 29120