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Jun 4, 2020 2:45 AM

Dow Jones - Update on Correction, 5th wave ext. over at 78.6%-D1 Short

Index of top 30 shares on Wall StreetFXCM

Description

Simple idea, the market is very overbought within an extension which generally means a strong correction; should begin expansion after a floor is made around 23,000; unless the markets go for a steeper drop. In this case the Weekly chart may turn into a giant ABC pattern directed towards 13-15k.
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