The Dow Jones Industrial Average traded positively during the previous trading session on Wall Street, recording its highest levels of 34,042.
On the technical side today, the upside bias is still in place, with the index price stabilizing above the 33,790 support level, accompanied by the clear positive signs on the RSI and stability above the middle line.
Confirming the breach of 34,040 increases and accelerates the strength of the bullish bias, so that we are waiting for 34,130 first targets, and then 34,220.
A break of 33,790 puts the price under negative pressure targeting a re-test of 33,700. Note: The level of risk is high.
S1: 33795 | R1: 34010 |
S2: 33700 | R2: 34130 |
S3: 33585 | R3: 34220 |