The Dow attempted to reach our 31300 resistance target in early trade today after confirming a third daily close in the green, at all time highs, as investors focuses on further stimulus prospects and a peaceful transition of power, disregarding the ongoing surge in Covid-19 and a struggling labor market. Non-Farm Payrolls data to be released today with previous: 245K vs. consensus at 75K. Technically, a pullback towards 31050 is looking favorable as momentum stalls.
Support: 31050/ 30900
Resistance: 31300/ 31500
