DOW JONES broke above the 1D MA50. Buy Signal.

4 oct. 2020

Pattern: Channel Up on 1D.

Signal: Buy as the price broke above the 1D MA50, crossing it as a Resistance for the first time since April 27. Also the MACD formed a Bullish Cross. The past 3 occurrences initiated a rally.

Target: 29200 (the Resistance).



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