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Cranka
Apr 16, 2020 8:39 AM

Dow Jones (DJI) will bounce off moving average (Weekly) Short

Dow Jones Industrial Average IndexTVC

Description

The Dow is looking to break through 200 weekly moving average, however it is finding some resistance.

With COVID-19 US outlook and extended lockdown, I believe that the Dow won't break this 200 moving average and will go down. Target will test last months low (~19000), will break through and go lower.
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