The current price: 33418
Key point: 32954
Our preferred direction: buying positions above 32954 levels, targeting 34245 as a first target, then 34400 as a second target
Alternative scenario: stop loss and change direction by breaking 32954, targeting 32600
Technical comment
The American Dow is moving in an upward direction on the daily timeframe, above the uptrend from the bottom of last October and the highest support levels 32603-32954, and it is possible to form a head and shoulders pattern if 34388 levels are breached, so the price is expected to rise from these levels, targeting the neckline