Market about to turn down?
Updated
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I think that the DOW is signaling a reversal. It looks like a double top on the chart is forming. Also there's a lot of bearish divergence on the indicators.
I think that the DOW is signaling a reversal. It looks like a double top on the chart is forming. Also there's a lot of bearish divergence on the indicators.
Note
Only two days later and it seems that things are progressing downward. I think within the next 5-7 days we're going to a large push down 23-24k range.
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