DOW 30 was identified at around 44454.24 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 44680.6311 level.
Important resistance line being approached by DOW 30. This price has been tested numerous time in the last 11 days
