Dow Jones Touches The Target Towards Positive

The Dow Jones Industrial Average jumped on Wall Street within the expected positive outlook, touching the official target to be achieved at 34,650, to record its highest level around 34,824.

On the technical side today, the RSI is still providing positive signs, stable above the mid-line 50, supporting Stochastic’s positioning around the overbought areas.

From here, and with the stability of trading above 34,470 and in general, above 34,420, this encourages us to keep our positive expectations, knowing that the breach of 34,570 extends the gains of the index so that the road is directly open towards 34765 first target, and then 34965 waiting stations that may extend its targets later towards 35,100.

Confirmation of breaking 34,420 invalidates the bullish scenario and puts the index under temporary negative pressure, with a target of 34,280.

S1: 34420	R1: 34765
S2: 34280	R2: 34965
S3: 34080	R3: 35105