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ADR Index - retracement done

1 Jun 2016 ‚óŹ 05:05 AM

The world ADR index also complete a small 3 wave rise in wave ii retracing 61.8% and hitting the upper Bollinger band on the daily chart. Wave iii down should be next. The neckline is near 120, which once broken would make the pattern a head and shoulders top.

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