DOW JONES: Triangle about to break out.
Dow Jones is neutral on its 1D technical outlook (RSI = 53.474, MACD = 190.020, ADX = 26.060) as it is trading inside a Triangle pattern, sideways around the 4H MA50. A crossing over the R1 level will be a long aiming at the 2.0 Fibonacci extension (TP1 = 48,000), while a crossing under the S1 level will be a short aiming at Fib 0.0 (TP = 42,000).
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Disclaimer
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