DOW JONES waiting for a rebound on its 4H MA50.US 30CAPITALCOM:US30TradingShotDow Jones (DJI) gave us last week (October 01, see chart below) an excellent Buy Signal on its 4H MA100 (green trend-line) that almost instantly hit our 47000 Target: This time it is the 4H MA50 (blue trend-line) that is providing the new buy opportunity as following the 47000 Higher High of the Bullish Leg, the index pulled-back on a Bearish Leg. As you can see, the symmetry within this pattern remains high with all three Bullish Legs so far rising by around +2.75% and the 4 MA50 / 4H MA100 providing support for the Bearish Legs. As a result, we expect a new short-term rebound, as long as the 4H MA50 holds, targeting the 1.5 Fibonacci extension at 47180. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇