DOW JONES 5-week Channel Up on the pull-back.Wall Street 30TRADENATION:US30TradingShotDow Jones (DJIA) has been trading within a 5-week Channel Up, which is currently pulling back on a Bearish Leg following a Higher High on Monday. All three previous Bearish Legs within this pattern, corrected by a minimum of -2.26%. As a result, given today's inability to break above the 1H MA50 (blue-trend-line), we expect Dow to target at least 49975. Notice that an oversold (