Long
DOW JONES Channel Up. Strong buy, two targets.
Dow Jones is rebounding on its 4Hour MA200, having been ranged effectively for the past 2 weeks. The pattern is a Channel Up since December 20th and the 2 week consolidation is similar to the one at the start of the Channel Up. It ended up to an aggressive Higher High wave. We have a first Target at 34150 and a second at 34550. Further confirmation is needed for higher prices as the Resistance Zone A above rejected the November rally.
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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.