The Dow Jones keeps its bullish trend

The Dow Jones index seems to be resting for today and the daily candle is forming what it appears to be a “doji” formation. That doji could indicate some exhaustion of the recent rally, but the uptrend is still in place. In case the index breaks to the downside the bullish trendline that we see on the daily chart, it could try to go and visit the 200 day exponential moving average, around the 17280 level, which could act as support. To the upside, the 17909 level could act as resistance, but above that level, the 18078 could also act as resistance.