Weekly 50% supporting the market.
Above the blue channels and in the short-term could attract buyers upwards
If that can occur, then there is more chance of a higher Weekly close as I would think that Thursday would continue higher from the 5-day 50% level"
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DOW Weekly and 5-day pattern
Bounce off the Weekly 50% level on Monday and move then a bounce off support on Wednesday and back above the 5-day 50% level fulfills my view of higher prices in early April.
Expectation that this pattern should continue towards the Weekly highs this week.
The important part in Wednesday's trading is the Daily closure above the April 50% level.
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