DOW JONES Cup and Handle completed and eyes a new ATH.

Dow Jones (DJIA) has been trading within a Channel Up since the October 2022 market bottom of the Inflation Crisis. Inside this pattern, four Cup and Handle (C&H) formations have occurred with the most recent one, about to complete its Handle this week.

All such C&H patterns, rebounded to at least the 1.382 Fibonacci extension before the next pull-back. As a result, our Target before May remains 46400.

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