The current price: 33,820
Key point: 32478
Our preferred direction: buying positions above 32478 levels, targeting 34676 as a first target, then 35234 as a second target
Alternative scenario: stop loss and change direction by breaking 32478, targeting 32138 levels
Technical comment
The Dow Jones is moving in an upward direction on the daily time frame, from the bottom of last September until it breached the descending trend line from the top of last year, and currently it is moving in a symmetrical triangle below
Resistance levels 34676-34282, so it would be better to wait for the price to breach one of the edges of the triangle to determine the next direction for the support levels 32138 and the resistance levels 34676
