DJIA

DJIA

Trend line breakout situation has been witnessed.
RSI > 50 but showing minor negative divergence as it exited the overbought zone.
Price rise currently not support by rise in RSI.

Trend line breakout may take DJIA to 33800-34200 range which is marked
with horizontal line.

Overall as long as 31800 is not violated, volatility, correction and consolidation above 31800
will help to build a rise to 35400 and 36900.

Support could get generated in case of fall back to trend line for minor correction and consolidation.

Expect DJIA to move higher to test 33800-34200 in near term with volatility.