DOW JONES Channel Up near its bottom. Solid buy.

Dow Jones / US30 is trading inside a Channel Up since late August.

The price is about to enter the buy zone of the pattern.

The previous bearish leg made a -3.81% correction before it bottomed and initiated the bullish leg to the 1.618 Fibonacci extension.

We expect a strong rebound from the current prices, so buy and target 44100 (just under the 1.618 Fib).


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