DOW JONES: Channel Up extending. 43900 possible this month.

Dow Jones is on very steady bullish levels on its 1D technical outlook (RSI = 60.810, MACD = 361.330, ADX = 26.315) and this is further displayed on the chart where the two month Channel Up has ended its consolidation and should technically move to the next HH. The 1D MACD is close to a new Bullish Cross, the strongest validation for buying inside this Channel. We expect to see the index reach its top within this month (TP = 43,900).

See how our prior idea has worked out:

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