DOW JONES: Just triggered the most historic buy signal (1M MA50)

Despite the bearishness on the lower timeframes, Dow is neutral on the ultimate long term chart, the 1M (RSI = 51.044, MACD = 1991.530, ADX = 44.038) and that is due to the fact it almost touched its 1M MA50. This neutral technical setting is a great reset for the Channel Up and stands as the most ideal long term buy entry and was tested before on all 4 major market bottoms (September 2022, March 2020, January 2016, October 2011). In all incidents it set in motion the new Bull Cycle, technically the bullish wave of the Channel Up. The most common price increase is +70% and along those lines, we anticipate Dow to hit 60,000 by the end of 2027.

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