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LoveDump
Feb 26, 2018 8:46 PM

DJI - Rising Wedge 

Dow Jones Industrial Average IndexDJ

Description

Hello Fellow Traders,

There appears to be a rising wedge formation on the DJI. The initial drop brought the DJI to the 38.2% fib line. If/When this rising wedge breaks down it should bring it back to the 38.2% fib. I am not going to foretell the future, but a retrace to 50% (22358) and 78.6% (19916.59) wouldn't be a wild guess.

Let's see how this goes. Only time will tell.

Trade active

It appears rising wedge is confirmed. Watching.

Comments
crimsonronin
:kreygasm:
LoveDump
@crimsonr, :pogchamp:
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