DOW JONES Channel Up. Strong buy, two targets.

10 בפבר׳ 2023

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.


Follow us, like the idea and leave a comment below!!