DOW JONES Short term rise very likely
Dow Jones is finding support on the 1day MA50, forming a Triangle pattern.
The same pattern during the late December 2022 consolidation, broke upwards and reached the previous High.
Up to this point, even the 1day RSI structures since the Falling Supports are very much alike.
As long as Support A holds, buy and target 34200.
If it crosses under the 1day MA200, sell and target 31700.
Previous chart:
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The same pattern during the late December 2022 consolidation, broke upwards and reached the previous High.
Up to this point, even the 1day RSI structures since the Falling Supports are very much alike.
As long as Support A holds, buy and target 34200.
If it crosses under the 1day MA200, sell and target 31700.
Previous chart:
Follow us, like the idea and leave a comment below!!
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