Long sdow for AMEX:SDOW by Okbronpbro

trendanalysis chartpattern bearish broadening-formation dowjones sdow cpi

I don’t see how the market continues on an uptrend after cpi, and the Dow is seriously overextended
Reasoning:
Trendline, daily, weekly and monthly supports
Weekly price exhaustion
Bottom of broadening pattern
Favourable volume

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