DOW JONES Still bullish, one last pullback possible

21 באפר׳ 2023

Dow Jones is under the 4hour MA50 for a whole day but still inside both the short and medium term Channel Up patterns.

As long as they hold, the trend remains bullish and we are targeting 34375. If the price crosses above Resistance A, extend buying to Resistance B (34900).

There is a probabilitiy for one last pull-back to the Rising Support around 33300 if the Channels break. That will still be a buy opportunity.



Previous chart:

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