Dow Jones Settled Above Support

Positive trading dominated the Dow Jones Industrial Average on Wall Street, to record its highest level during the previous session’s trading at 31,186.

Technically, we are positive, and the RSI indicator is still trying to provide positive signals, supported by stochastic around overbought areas.

Consequently, with trading above the support level of 30,910, the bullish bias remains valid and effective, targeting 31,120 first targets, and then 31,240.

From below, the return of trading stability below the support level 30,910 is capable of completely foiling the bullish scenario and putting the price under negative pressure, targeting 30,840. The level of risk may be high today.

S1: 30910	R1: 31110
S2: 30845	R2: 31245
S3: 30705	R3: 31310