Dow Jones Start Positive

The Dow Jones Industrial Average prices returned to trading positively, benefiting from the support base at 33,830, to witness the current moves, attempts to recover, and reach its highest price at 34,263.

On the technical side, we tend to the positivity, but cautiously, relying on intraday stability above the 34,030 support level, accompanied by positive signs that started appearing on the RSI.

Therefore, confirming the breach of 34,435 increases the possibility to visit the first target 34,540, and then 34,620 next official station.

Activating the bullish scenario suggested above depends on trading stability above 34,030, and breaking it would invalidate the bullish scenario, and we will witness bearish movements with a target of 33,940.

Note: The level of risk is high and is not commensurate with the expected return, and all scenarios are presented.

S1: 33945	R1: 34435
S2: 33640	R2: 34620
S3: 33460	R3: 34920