DOW JONES assisted by the 4H MA50 this Bullish Leg targets 47200Wall Street 30TRADENATION:US30TradingShotDow Jones (DJI) has turned its 4H MA50 (red trend-line) into Support and following the August 01 (Higher Low) bottom on the 1D MA50 (blue trend-line), it is extending the new Bullish Leg of the 4-month Channel Up. With the 1D RSI also bouncing on its medium-term Support, this is a strong short-term buy signal. The previous two Bullish Legs both rose by a little over +9.00%. This gives us a 47200 Target on the short-term. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇