Dow Jones Index Rises After Weak Housing Data 📈🏠

Hello good day fellow traders!

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

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📰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%.

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🤔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.

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Trade Entry recommendations:

Buy Entry: 32490.37📈

Take Profit: 34106.01 💲

Stop Loss: 31729.63❌

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Other tickers to recommend:

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

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