Dow Jones Touches Goal And Positivity Remains

The Dow Jones Industrial Average managed to achieve the official target published in the previous report, at 34,540, to record its highest level at 34,554.

Technically, by looking at the 60-minute chart, we find that the RSI is stable above the 50 mid-line, and on the 4-hour time frame, Stochastic is providing positive crossover signals.

From here and steadily trading above 34,230, this encourages us to maintain our positive outlook, targeting 34,500, then 34,590. Our positive targets may extend later to visit 34,630.

Trading and price stability below 34,230 will stop the suggested bullish bias immediately, and we may witness a retest of pivotal support 34,090 before rising again. Note: the risk level may be high today.

S1: 34230	R1: 34590
S2: 34040	R2: 34745
S3: 33880	R3: 34940