The current price: 33,703
Key point: 32478
Our preferred direction: buying positions above 32478 levels, targeting 34282 as a first target, then 34676 as a second target
Alternative scenario: stop loss and change direction by breaking 32478, targeting 31800
Technical comment
The American Dow Jones index has reached on a daily basis the upper border of the bearish channel from last month's high, breaking the bearish trend line from last year's high and the highest support levels 32816, so if the price could break the upper border of the channel, it will head to the resistance levels 34282-34676
