Dow Jones (US30) Chart Technical Outlook trends higher on more risk appetite clues, bulls target 35,350
Dow Jones (US30) has traded in a bullish channel since mid-March. It has more room for the upside on the current risk appetite out of the strong IPO of Arm stock and positive Chinese data.
The asset printed higher high and higher low this week. Technical indicators support more upside momentum.
Resistances: 35,350, 35,600
Supports: 34,680, 34,500