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DOW JONES: Support Zone intact. Buyers are favored short term.

Long
Dow Jones Industrial Average Index (CAPITALCOM:US30)  
InvestingScope  
CAPITALCOM:US30   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Technical Indicators US30 djia DJI YM1! DOW dowjones index dowtrading
14
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trendanalysis chartpattern indicator us30 djia dji ym1! dow dowjones index dowtrading
Dow Jones is volatile on the 4H timeframe (RSI = 37.485, MACD = -170.620, ADX = 29.943) after almost testing the S1 level (32,813) yesterday but following a 4H MACD Bullish Cross formation, it is a low risk buy opportunity. The rejection of the previous rise took place on the 4H MA200, so that is our target again. Buy and TP = 33,700.

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