DOW JONES turning into a sell opportunity again.

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DOW JONES turning into a sell opportunity again.Wall Street 30TRADENATION:US30TradingShotExactly a week ago (March 18, see chart below), we gave a strong Sell Signal on Dow Jones (DJI), as the price was at the top of its 1-month Channel Down: The index not only successfully hit our 45650 Target but also broke below the 1W MA50 (black trend-line), the market's long-term Support. In order to accurately grasp this correction since Dow's February All Time High (ATH) and all the Lower Highs after, we have modified the Channel Down using the Fibonacci levels. So based on that, the price just entered the 0.618 - 0.786 Fibonacci Zone, which is where the previous two Lower Highs were priced. At the same time, the 4H RSI is approaching the top of its own Rectangle. As long as the 4H MA100 (green trend-line) holds, it is technically optimal to sell again and target 44900 (a base % drop scenario based on all previous Bearish Legs of the Channel Down) or close if the 4H RSI turns 30.00 sooner. --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ 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. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡