DOW JONES: Simple buy low, sell high inside the Channel Up.

Dow is bullish on both the 4H (RSI = 52.865, MACD = 54.270, ADX = 29.792) and the 1D (RSI = 53.777, MACD = 101.160, ADX = 20.876) time frames but not on a wide margin. This is because it has been on a rather controlled rise inside a Channel Up since December 20th (only broken once).

For the past 3 weeks every 4H MA200 pull back has been the most optimal buy entry, so use the next one near 33,750, as close to the RSI's range bottom as possible, and TP = 34,600.



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