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Dow Jones Industrial

9 Aug 2021 ‚óŹ 02:57 AM

Wave structure suggests that Dow Jones Industrial (DJI) is in wave (III) which is further getting subdivided. Within wave (III), it looks like DJI has completed wave ii and wave iii of (III) should now play out. In this case, DJI can possibly rise higher to 36165 where wave i and iii will be equal. On the way down, the 20DMA and 40DEMA which are currently pegged at 34891 and 34676 respectively, will provide support in the forthcoming trading sessions.

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