DOW JONES 4-month Channel Up looking for its 1D MA50.Wall Street 30TRADENATION:US30TradingShotDow Jones (DJIA) has been trading within a Channel Up in the past 4 months and is currently on a price rejection following the August 05 Higher High. Within this pattern, such rejections have always resulted into 0.5 Fibonacci tests. If repeated, Dow could hit 53060 this month and even test its 1D MA50 (blue trend-line). Notice also how the 1D RSI got rejected on its own multi-month Resistance Zone. --- ** 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇