The current price: 34428
Key point: 34388
Our preferred direction: buying positions above 34388 levels, targeting 34900 as a first target, then 35400 as a second target
Alternative scenario: stop loss and change direction by breaking 34388, targeting 34000
Technical comment
The Dow Jones index, on the daily timeframe, reached the support levels 34200-34388, to retest the neckline of the head and shoulders pattern, so that it is expected to rise again to 34900 levels, then 35400 levels