DOW JONES: Channel Up rebounding on the MA50 (4h).Dow Jones is trading inside a Channel Up which hit today its MA50 (4h).
That was right at the bottom of the Channel Up, which is a strong buy signal.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 45400 (+3.86% rise like the previous Leg).
Tips:
1. The RSI (4h) is also rebounding in a similar manner as the January 13th low.
Please like, follow and comment!!
Notes:
Past trading plan: