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Dow Jones - 1 Hour

Dow Jones - Chart & Data from IG

By Minipip
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The momentum from pre-market trading seems to still be in play. There is room to edge higher, with aims between 34,251-34,350.

The Dow is currently trading around 34,188, we can see some bullish momentum is still in play from pre-market trading. Minor resistance above sits at 34,194 then at 34,225 then a key level at 34,251. A break and close above the key level could see the index climb higher, aiming for around 34,350. First support sits at 34,136 followed by 34,110 (along the trendline). A break below the trendline may see the Dow slide towards 33,994. Looking at the technical indicators, MACD is currently positive and so is RSI as it reads 59.

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