DOW JONES broke above the Falling Resistance. First buy signal.

CAPITALCOM:US30   Dow Jones Industrial Average Index
Dow Jones broke above the Falling Resistance for the first time in 2 weeks.
The is the first bullish signal since the Triple Bottom but has the Pivot Zone 1 and the MA200 (4h) to overcome.

Trading Plan:
1. Buy as this is a major bullish break out supported by the MA50 (4h).

1. 33300 (Fibonacci 0.618).

1. The RSI (4h) is on a Rising Support. In the past month, two similar technical structures ended up with a blow-off rise, even when in a downtrend.

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