Dow Jones touches the goal 28/3/2022

The Dow Jones Industrial Average managed to touch the awaited stop during the previous analysis, at 34,820, to record its highest level of 34,840.

On the technical side today, the moving average still supports the bullish daily trend in prices and the continuation of the RSI defending the daily bullish trend.

From here, and steadily trading above the support level of 34,500, the bullish scenario remains valid and effective, knowing that confirming the breach of 34,680 contributes to strengthening the index’s gains to visit 34,840, and then 34,900 next stations as long as the price is stable above 34,500.

The breach below the strong support floor 34,500 will stop the suggested bullish scenario, and we are witnessing a negative trading session with its initial target around 34,350.

Note: The risk level is high.

Note: CFD trading involves high risk; all scenarios may occur.

S1: 34500	R1: 34820
S2: 34350	R2: 34990
S3: 34185	R3: 34145