The Dow Jones Industrial Average managed to build a base on the support level of 33,660, which forced it to rebound again, to re-test 33,920.
Technically, we are biased towards the positivity depending on the RSI’s continued defense of the bullish bias and its stability above the 50 midline.
Thus, the bullish scenario will remain the most likely today to visit the first target 33,920 and then 34,040/34,050 the next stop, taking into account that the breach of the latter extends the gains of the index, opening the way to visit 34,150.
S1: 33665 | R1: 33920 |
S2: 33550 | R2: 34040 |
S3: 33420 | R3: 34160 |