Strike Analytics

Dow

2 Nov 201505:23 AM

The Dow can be marked as A-B-C up complete. The daily momentum rolled over to a sell and that can be a first indication that this move that has carried the Dow to the 78.6% retracement mark is almost over. The next few days would then see a reversal in trend or trend continuation or the formation of a ending distribution structure.

dow021115

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