Dow Jones: Channel Up on 1H with MACD crossing.

Dow Jones is trading within a Channel Up on the 1H chart (RSI = 41.064, MACD = -20.100, ADX = 30.196), currently on the bearish leg towards the Higher Low trend-line. The MACD is about to make a green cross, which is a bullsh signal. It can still take a few hours until the formation prices the Higher Low (even sideways) so there is still time to enter. Our TP is 26,500.




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