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UnknownUnicorn5158708
Oct 17, 2019 5:28 PM

Divergence on the Dow: Indication for end of diagonal sequence 

Dow Jones Industrial Average IndexTVC

Description

We're currently seeing an ending diagonal on the Dow, and this is the same pattern we're seeing on the Nasdaq and S&P 500. In wave analysis, it is an unwritten rule that we must see divergence between waves 3 and 5 in an ending diagonal sequence. I'm looking for price to make one more up before we begin the downtrend.
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