Dow Jones: The Positive Scenario Still Intact

Mixed trades dominated the movements of the Dow Jones Industrial Average on Wall Street, posting a high during the last session at 33,044.

On the technical side, we tend to be positive, relying on the index’s based above the support level of 32,780 and in general above 32,750, in addition to the RSI’s continued defense of the upside.

The breach of 32,880 extends the index’s gains to visit 33,000 next primary target and breaching it increases and accelerates the upside move, so we may witness 33,120.

Trading below 32,750 puts the price under negative pressure, targeting 32,720, and then 32,600.

Note: The risk level may be high.

S1: 32785	R1: 33000
S2: 32715	R2: 33120
S3: 32585	R3: 33200