DJI is trading within a Channel Up on the 4H chart ( RSI
= 55.798, MACD
= 115.900, ADX
= 32.013) since late June. Today the MACD
made a red cross, the RSI
has already since Aug 11th hit its Resistance, and it looks as if the Higher High is priced in. We are expecting the price to touch the 4H MA50 once again around 27,100.
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