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Dow CFD – Increased odds of a bearish break

OANDA:US30USD   US Wall St 30
Breach of rising trend line drawn from Feb low and June low coupled with a falling tops formation since Aug 15 suggests the index is more likely to breach key support of 17935 (trend line drawn from Sep 12 low and Oct             13 low).

A daily close below 17,935 would confirm trend reversal suggested by breach of rising trend line.

On the higher side, only a daily close above falling trendline would restore bullish sentiment.
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