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KrunchieKilleen
Sep 22, 2015 2:40 PM

DOW DOWNTREND IS MORE DEFINED Short

SPDR Dow Jones Industrial Average ETFArca

Description

The upswing of the Dow after the Great Fall of China has ended (for now) and the downtrend is becoming more defined. Resistance Line A recedes into history. Resistance Line C looks solid, but there could still be a moderation of the downtrend via an upswing bringing us back to Resistance Line B.
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