DOW JONES is aiming at a new Low unless the Resistance breaks.
Dow Jones is trading inside the corrective wave of the long term Channel Up.
As long as Resistance A (34575) holds, sell and target the Channel's bottom and 1day MA100 at 33500.
If the Resistance A breaks, buy and target 34850.
For a long term buy, always look to buy inside the 4hour RSI's buy zone, which is on oversold territory.
Previous chart:
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As long as Resistance A (34575) holds, sell and target the Channel's bottom and 1day MA100 at 33500.
If the Resistance A breaks, buy and target 34850.
For a long term buy, always look to buy inside the 4hour RSI's buy zone, which is on oversold territory.
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
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TELEGRAM: t.me/thecryptagon
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TELEGRAM: t.me/thecryptagon
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.