CURRENCYCOM:US30   Dow Jones Industrial Average Index
DJI broke above the middle of the Channel Up (4H RSI = 75.071, MACD = 190.800, ADX = 49.424) that it is trading in since the June 15th bottom, and is currently consolidating. That middle line has been particularly important as on all previous occasions it provided a rejection. The MACD is also trading inside the July Sell Zone. As a result, we are expecting a pull back to the 4H MA50 and in extension the MA200.

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Sadly now, Dow Jones now is up $26,600!!! Everythingg seems not right, I would say Dow Jones is a false. It's suppose to big fall but it did not, Dow Jones, S&P 500 and NASDAQ 100 suppose to fall big because the case of covid-19 continues to grow, it continues to grow and unemployment still to rise and about 2% of the population in the United States got coronavirus! This is nothing positive. Isn’t that weird?
good idea
Well done