DOW JONES Will the 4H MA50 break and cause short-term pull-back?

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DOW JONES Will the 4H MA50 break and cause short-term pull-back?Wall Street 30TRADENATION:US30TradingShotDow Jones (DJIA) has been trading within a 6-week Channel Up, currently on its Top (Higher Highs trend-line). The 4H MA50 (blue trend-line) is holding, providing the short-term technical Support. As long as it holds, the bullish momentum prevails. If broken, expect a Bearish Leg of a minimum of -2.26% decline, based on the three previous ones within the pattern. As a result, if the 4H MA50 breaks, we expect Dow to target at least 50250 and potentially test the 4H MA200 (orange trend-line), which is the market's medium-term Support. Notice the Lower Highs on the 4H RSI since May 25, which go against the Higher Highs of the actual price. This is a Bearish Divergence, confirming the sell signal if the 4H MA50 breaks. --- ** 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‘‡