THOR6

June Low critical to continuation of rally

INDEX:INDU   None
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June low is critical to continuation of rally in prices from December, A break below identifies a break in uptrend. With many indicators already showing exhaustion on weekly time frames the fall could be traumatic. On the other hand if prices can move to new high Rally accelerates towards end of the year. Therefore I remain neutral watching $tnx ten year yields as catalyst for up or down move.
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