Dow Jones to 42k

The Dow Jones trades in a gently upwards sloping channel. Having recovered from 38,400, the August low, the price rose to a fresh all-time high of 41,582 yesterday. The price hovers just below here today but is still above the near-term falling trendline support level.
Buyers, supported by the RSI above 50, will look to rise above 41,582 towards 42k and fresh all-time highs.
Immediate support is at 40,800, the near term falling trendline. Beyond here 40k comes into play.
FC