DOW JONES The importance of the 1M MA50 in long-term buying.Dow Jones Industrial Average IndexTVC:DJITradingShotDow Jones (DJIA) has been trading within a Channel Up since the March 2009 bottom of the U.S. Housing Crisis. During the course of this multi-year trend, the 1M MA50 (blue trend-line) has acted as the long-term Support and the ultimate buy entry for long-term buying. So far we've had 4 major correction events (Bearish Legs) within this pattern (excluding the non-technical March 2020 COVID crash and the March 2025 Tariff crash). The common characteristic of those has been that the index pulled back to at least the middle of the 0.236 - 0.382 Fibonacci range. With the exception of December 2018, the other three corrections also hit the 1M MA50. As you can see, every time Dow hit the 1M MA50 (even on the March 2020 COVID flash-crash), it took it 51 months the longest until the next 1M MA50 contact. Right now the market has gone the longest without such a correction since 2015. It actually looks a lot like the 2015 peak pattern. If therefore, the 51 month range holds then we should be expecting the next 1M MA50 contact by December 2026, which indicates that Dow should start declining aggressively soon. Notice also that the 1M RSI got rejected this February from overbought territory (red circles) and the previous two times this happened, the 2025 and 2022 corrections took place. At the same time, the 1M RSI has historically given us the most optimal long-term buy entry combined with the 1M MA50. And that is the 47.50 Support, which as you can see every time it got hit, the market was at or very close to a bottom. We expect that Dow can target 41000 and make contact with the 1M MA50 and just above the 0.382 Fibonacci level, around the time the 1M RSI tests its 47.50 Support. If however it tests it before Dow hits 41000, then we will turn into long-term buyers again regardless. --- ** 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. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇