Previous Analysis
Dow managed to breach the upper side of the triangle to reach its highest price at 26508, and it is expected to retest the triangle at 26152-26236 levels before continuing the rise and targeting 26735.
Return below 26150 could drop the stock to 25765 areas but the outlook remains positive by trading above 25375.
current technical outlook
The index retested the broken triangle and the 38.2 Fibonacci levels at 26075 as shown before drawing to close near last week's high at 26412.
The index is expected to continue rising and targeting 26650 and 26850 levels, stability above 26000 bottom.
On the other hand, it broke 26000 to target the 200 and Fibonacci 50 average at price 25942, flip the continuation of the rise and hold above the bottom 25378.Support levels: 26007, 25942, 25378 resistance levels: 26508, 26650, 26850
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