Dow Jones turned flat following the rebound on the 1D MA50 three days ago with both the 4H and 1D technicals neutral (RSI = 53.777, MACD = 111.180, ADX = 25.084). As long as the 1D candles closes over the 1D MA50, stay bullish and target the R2 (TP = 34,950). A crossing under the 1D MA50 will most likely target the 1D MA200 and possibly even lower at the bottom of the diverging Channel Up, aiming to complete a -5% decline (TP = 33,000). That can be an excellent long term buy entry. However if the RSI rebounds on its HL trendline, then enter the buy earlier regardless of a 1D MA200 hit or not.
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