Pashabxl
Short

DOWI: Still towards a severe correction. but When?

INDEX:DOWI   DOW Industrials
263 0 8
Dowi             is at a very very excessive level.
On the Chart, you can clearly see the expansion channel. And we are very much above that channel.
Indicators show clearly the excessive and overbought level of the market.
the correction might be very severe and Sharp.
Therefore, those who wishes to enter the market should be very carefull with there timing, the leverage and the direction wich in my view is very clear.
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