Dow Jones US30 Chart Technical Outlook to trade north amid more risk appetite, 35,500 is the next barrier, Dow Jones (US30) broad bias is bullish and completed a three-wave corrective structure. The asset is ready to trend higher amid risk appetite sentiment before the US CPI data due tomorrow, with an expectation of a cooling print that should boost sentiment. It may be “Buy The Rumor” pattern today.
I expect more upside price action.
Resistances: 35,500, 35,650
Supports: 35,100, 34,930