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DOW JONES On the verge of a new bullish break out.

Long
CAPITALCOM:US30   Dow Jones Industrial Average Index
Dow Jones is testing the MA200 (4h) today, after holding the MA50 (4h), extending the rebound that was generated at the bottom of the Channel Up.
This is so far replicating to a good extend, the March 15th rebound-bullish leg.

Trading Plan:
1. Buy on the MA200 (4h) break out.

Targets:
1. 34850 (Falling Resistance).

Tips:
1. The MACD On the (1d) time frame is past a strong Buy Cross, much like March 22nd. It shows that we are on the same level as when that bullish leg tested the MA200 (4h).

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Notes:
Past trading plan:


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