DOW JONES: Bear Flag forming on 1D.US 30CAPITALCOM:US30InvestingScopeDow Jones remains neutral on its 1W technical outlook (RSI = 53.555, MACD = 219.950, ADX = 35.120) and the recent 2 week rally serves as an excellent sell entry as the market not only did it get rejected on the LH trendline but is also forming a Bear Flag similar to March 2025. That was the last strong correction of the index and the Bear Flag was formed on the very same level around the 1D MA200. Expect this Bear Flag to kickstart the 2nd bearish wave, targeting the 0.618 Fibonacci retracement level (TP = 42,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##