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DJIA testing 200-day MA

Dow Jones Industrial Average Index (FOREXCOM:US30)  
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FOREXCOM:US30   Dow Jones Industrial Average Index
Trend Analysis djia dowjones
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trendanalysis djia dowjones
The Dow has raced ahead of the other US indices in this rebound and it has reached the 200-day moving average.

If this is still a bear trend, then we would expect the next leg of the down trend to start from around these levels.

Notice that the 200-day MA had capped the previous rallies earlier in the year.

Will history repeat itself?
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