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US30 HARMONIC PATTERN AND RESISTANCE ZONE

Short
CAPITALCOM:US30   Dow Jones Industrial Average Index
The US30 has formed a compelling harmonic pattern, displaying a distinct W pattern that spurred the recent rally. The resistance established at the peak is pivotal, as we anticipate a reversal when the price reaches that level. This is also where we anticipate the completion of the right wing of the harmonic pattern.

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