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DOW JONES Channel Up near its bottom. Solid buy.
Índice Dow Jones Industrial Average
Viés de alta
DOW JONES Channel Up near its bottom. Solid buy.
Por TheCryptagon
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30 de out. de 2024
5
30 de out. de 2024
Dow Jones / US30 is trading inside a Channel Up since late August.
The price is about to enter the buy zone of the pattern.
The previous bearish leg made a -3.81% correction before it bottomed and initiated the bullish leg to the 1.618 Fibonacci extension.
We expect a strong rebound from the current prices, so buy and target 44100 (just under the 1.618 Fib).
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Chart Patterns
DJI
DOW
dowjones
Technical Indicators
Trend Analysis
US30
YM1!
TheCryptagon
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