Dow Jones May Have a Temporary Fall

The Dow Jones Industrial Average touched the first target required to be achieved during the previous analysis, at 33,710, recording a high of 33,797.

On the technical side today, we believe that there is a possibility of a negative bias during the coming hours, depending on the negative signs that started appearing on the RSI on short time frames. We target 33,530, bearing in mind that confirming the breach of the aforementioned level puts the index price under negative pressure, targeting 33m390 a second target.

A reminder that surpassing the upside above the resistance level of 33,800 will immediately stop the bearish tendency and lead the index to the official bullish path with an initial target of 33,930 and it may extend to 34,030.

Note: the level of risk is high

S1: 33530	R1: 33800
S2: 33390	R2: 33930
S3: 33260	R3: 34060