Dow Jones Retest Support

The Dow Jones Industrial Average declined during the previous trading session after finding a strong resistance level around 33,970 as the current moves witnessed stability above the sub-support level of 33,760.

On the technical side today, and despite the downside moves, the RSI indicator is still providing positive signals in addition to trading stability in general above the pivotal support floor of 33,670.

Therefore, a bullish bias may be likely today, provided that 33,870 is confirmed, targeting 33,930 the first target, and then 34,050.

Note: trading below 33,670 is capable of canceling any attempts to rise and we may witness a bearish trend targeting 33,510.

Note: the risk level is still high.

S1: 33720	R1: 33935
S2: 33635	R2: 34050
S3: 33510	R3: 34140