The Dow Jones Top 30 is preparing for take off.
Daily pinbar closure
H4 3 inside up pattern, hidden bullish divergence with RSI(14), finding support along the 200EMA
H1 Bearish exhaustion and buying pressure through wicks
M15 Wyckoff accumulation cycle, currently looking at the BU/LPS phase with a sign of strength. Spring and Test confirmed after NFP soft data. Bullish 3 Marching soldiers with increasing momentum as it reaches resistance.
Targets set near 25900 Mid-term.
Entry upon next higher low on m15 timeframe.
Daily pinbar closure
H4 3 inside up pattern, hidden bullish divergence with RSI(14), finding support along the 200EMA
H1 Bearish exhaustion and buying pressure through wicks
M15 Wyckoff accumulation cycle, currently looking at the BU/LPS phase with a sign of strength. Spring and Test confirmed after NFP soft data. Bullish 3 Marching soldiers with increasing momentum as it reaches resistance.
Targets set near 25900 Mid-term.
Entry upon next higher low on m15 timeframe.