Dow Jones 30 Index: Trending higher

Current price seems to continue to push above the mid-September highs with further short term (5-25 days) upside potential spotted near 33,785 ( 61.8% retracement from the 52 week low) long positions could be technically supported provided price hold above the 32,135 support, otherwise a break below support opens up the prospects for a test of 31,275 (38.2% retracement from the 4 week high)

Upcoming key economic events:
Wednesday November 02 2022 - United States Fed (FED) interest rate decision
Thursday November 03 2022 - Bank of England (BoE) and Norges Bank (Norway) interest rate decisions
Friday November 04 2022- United States monthly non-farm payrolls (NFP)


Not investment advice. Past performance is not indicative of future results.