DOW JONES: Double test on the major Lower Highs. Critical.

Dow Jones made a double hit on the Major LH trend line created on the December 13th top. So far it has failed to close above it, which is a bearish sign. Both 1D and 4H are neutral (RSI = 53.203, MACD = 57.710, ADX = 22.013).

Our usual approach with candle closes suggests that one above the Major LH is bullish (TP 34,490 R1) and below the 4H MA50 bearish (TP 33,450).

Previous analysis:

## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##