DOW JONES Trading approach going into June

Dow Jones / DJI is trading inside a Channel Down pattern for more than a month.

The price is now under the 4hour MA50 and as long as it closes there, sell and target close to Support A at 32600.

A crossing (and candle closing) over the 4hour MA100 will be a short term buy signal targeting 33400 (top of the Channel Down).

A crossing (and candle closing) over the 4hour MA200 will be a long term buy signal targeting Resistance A at 34260.


Previous chart:

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