The current price: 32,690
Key point: 32478
Our preferred direction: buying positions above 32478 levels, targeting 33500 as a first target, then 34200 as a second target
Alternative scenario: stop loss and change direction by breaking 32478, targeting 33125
Technical comment
The Dow Jones index is moving in an upward direction from the bottom of last October, breaching the descending trend line and the highest levels of support 32478-33125 inside a bearish peak as a continuation learning, so that the price is expected to rise to reach levels 33500-34200
