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SPDR Dow Jones Industrial Average ETF
Short

DOW JONES Head and Shoulder formation

By mickeymfa
Updated
DIA

The Dow jones DIA is at a critical point right now. We are at the 50d Avg and the support of a head and shoulder breakline. Both SPY and QQQ are going to end the week triggering a weekly MACD sell signal. And cyclicals are not on our side (mid of septamber till mid of october been the wors months)

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Trade closed manually
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Dow is in a WEDGE UP pattern right now
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looks like we have a Wedge Breaout to the downside
Chart PatternsDIAdowjonesHarmonic Patternshead_and_shoulderTrend Analysis
mickeymfa

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