The current price: 32424
Key point: 31700
Our preferred direction: buying positions above 31700 levels, targeting 33530 as a first target, then 34460 as a second target
Alternative scenario: stop loss and change direction by breaking 31700, targeting 31400
Technical comment
The US Dow Jones index rose from the support levels on the daily time frame 31700-31400, and from the broken bearish trend line, and currently it is retesting another faulty line with price resistance at 32600 levels, if it can surpass them, it will head directly to 33530 levels, then 34460 levels