EvanJones

The Big 20,000 and then a significant retracement

Short
TVC:DJI   Dow Jones Industrial Average Index
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6
The Dow Index has been on a staging rally since the US Election and is now over brought on a high time frame. I suspect will see what pundits call the breach of the 20,000 mark and maybe a tiny push beyond, but like most things and the start of the new year, I expect many institutes to start to profit take and for a retracement down to the 19,000 area.

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