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OpenSkies
Mar 24, 2018 7:08 PM

DOW is about to get POWed Short

Dow Jones Industrial Average IndexDJ

Description

DJI broke the short-term trendline at point (1) and failed a re-test at (2). The price movement has followed an Elliot Wave pattern for a bear trend with increasing volume on lows and decreasing volume on highs.

Index should likely move lower to around 22400 by the end of April 2018.
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