DJIA: levels and trading recommendations

 
 
 
 
 
 
 

The rapid growth of optimism, fueled by the efforts of the Fed and other major world central banks, which cut rates to near-zero levels, resulted in the growth of American and world stock indices.

From a fundamental and technical point of view, it is logical to assume further growth of the DJIA.

Support levels: 34033.0, 33743.0, 32976.0, 30850.0, 30150.0, 29200.0, 28700.0

Resistance levels: 34251.0, 35000.0

Trading recommendations

Buy Stop 34255.0. Stop-Loss 33990.0. Take-Profit 35000.0, 36000.0

Sell Stop 33990.0. Stop-Loss 34255.0. Take-Profit 33743.0, 32976.0, 30850.0, 30150.0, 29200.0, 28700.0