DOW JONES: Strong sell on 1D MA50-100 Bearish Cross.

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DOW JONES: Strong sell on 1D MA50-100 Bearish Cross. US 30CAPITALCOM:US30InvestingScopeDow got marginally neutral on its 1D technical outlook (RSI = 44.622, MACD = -546.920, ADX = 32.010) but turned bearish again as it got rejected on the R1 level and more critically the 1D MA200. This keeps the long term Channel Down intact. We are currently on its second bearish wave, which if it repeats the first (-8.35%) it will almost test the 1W MA100. TP = 44,200. 1D Bearish Cross between the 1D MA50 and 1D MA100 has just been formed. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##