Dow Jones Needs Extra Momentum

The Dow Jones has been trading in a narrow range between 35,200 and 35,480 over consecutive sessions.

On the technical side, we tend in our trading to the positive, but cautiously, relying on the positive signals from the RSI and the stability of trading in general above the strong support level 35,200.

Therefore, the bullish bias is the most preferred today, targeting 35,530 first target, and its breach can motivate the price to visit 35,620.

Trading below 35,200 leads the index to trade negatively; retest the pivotal support 35,080 before attempting to rise again. Note: the level of risk is high.

S1: 35310	R1: 35530
S2: 35170	R2: 35620
S3: 35080	R3: 35750