DJI is facing bullish pressure. Potential bounce.

Description:
Price pushing higher and technical indicators are now showing possible further bullish momentum. A further push up above our pivot at 31508 towards 1st resistance at 31758 could be possible. Otherwise, failure to hold above pivot could see price drop towards 1st support at 31397.

Pivot: 31508
Supporting Points:
38.2% Fibonacci retracement, Moving average support

1st Support: 31397
Supporting Points:
61.8% Fibonacci retracement

1st Resistance: 31758
Supporting Points:
-27.2% Fibonacci retracement
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