Pip_Alchemist
Short

Black Gold will bring Wall Street down with it!

INDEX:DOWI   DOW Industrials
Price has found support on previous resistance level as expected. This is also the 38.2% Retracement level from the low of Oct             15th and the high of Dec             5th.
I am expecting price to enter the DAILY demand zone and 50% Fib level and rally up to top of trend line to test its strength.
Oil             seems to be dragging indices down and my expectation is that the Black Gold             will keep declining.
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