Two Expected Scenarios for the Dow Jones Industrial Average.

The Dow Jones Industrial Average stock faced a rise by 5.63 points; as a result of positive data on the monthly core PCE price index released by the US Bureau of Economic Analysis and the manufacturing PMI released by ISM from the Institute for Supply Management. However, according to the reversal pattern of the double bottom the stock has achieved its expected points of profit. Therefore, if a confirmatory selling candle appears, the stock will decline to break the first support line 342.71 and meet the second support line 342.43 and then the third support line 339.44, on the other hand, if the stock continues to rise, it'll breach the first resistance line 343.93 to meet the second resistance line 345.71 and then the third resistance line 348.7