As market volatility has died down in recent sessions, off the back of calming geopolitical tensions in Hong Kong, as well as between US-China, it appears that the DJI has broken out of its "Channel" formation and is moving higher.
Given this move, the DJI is trying to make a run for 26,876 - a Key Monthly Resistance Level (Blue) for the index.
One thing to lend support to the DJI move higher has been the fact that its RSI is showing positive divergence with current price action.
If the DJI can successfully "Breach and Close" above 26,876, it would be a good sign for the market.