To The Moon

Hello good day fellow traders!

I'm looking for a potential buy📈 setup for $DJIA(.DJI)$ , with both fundamental and technical indicators to back it up.

‌

📰Fundamentally,

• The Dow Jones Industrial Average rose on Wednesday following the release of economic data, including another housing report and a Fed manufacturing index.
• Following the opening bell on Wednesday, the Dow Jones Industrial Average gained 0.1%, while the S&P 500 gained 0.15%. In early trading, the Nasdaq composite gained 0.2%.

‌

🤔On the technical front,

1.) Looking at the H4 chart, my overall bias for DJI is bullish. I am looking for a pullback buy entry at 32490.37, where the 38.2% Fibonacci line is.

2.) My stop loss is set at 31729.63, where the 50% Fibonacci line is.

3.) I intend to take profit at 34106.01, where the previous high / resistance is located.

‌

Trade Entry recommendations:

Buy Entry: 32490.37📈

Take Profit: 34106.01 💲

Stop Loss: 31729.63❌

‌

Other tickers to recommend:

For 5x Long Leverage: $DJIA 5xLongSG250911(CUJW.SI)$ 

For 5x Short Leverage: $DJIA 5xShortSG250911(CVFW.SI)$