Monday 5 February 2018

Dow Jones 30 Index consolidation well underway!

A much needed price consolidation is underway on the Dow Jones Industrial index. The index is down 630 points since the sell signal on the daily chart.

Now looking for support to be tested at key cloud chart support levels! See chart.

From a short-term trading perspective, the index is down 993 points since the sell signal above the cloud!  Now looking for a short-term support and reversal retracement.

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