The current price: 34,260
Key point: 342545
Our preferred direction: short positions below 34245 levels, targeting 33770 as a first target, then 33400 as a second target.
Alternative scenario: stop loss and change direction by breaking 34245, targeting 34900
Technical comment
The US Dow Jones index, on the daily timeframe, reached the resistance levels 34245-34390, forming a bearish price behavior, so that a slight correction is expected on the index to 33770 levels, and then the completion of the ascent to activate the head and shoulders pattern by targeting levels 34900-35290
