Dow Jones: ⬆️ Buy
- Dow Jones reversed from support zone
- Likely to rise to resistance level 50500,00
Dow Jones index recently reversed up from the support zone between the key support level 48760,00 (which has been reversing the price from December) and the lower daily Bollinger Band.
This support zone was further strengthened by the support trendline of the daily up channel from December.
Given the strong daily uptrend, Dow Jones index can then be expected to rise to the next resistance level 50500,00 (which stopped earlier impulse wave 1).
 and the lower daily Bollinger Band.){kind=link}