DOW30 no surprise
News today tries to explain the sell off today as fears for new rate hike. If you look at PA it is no surprise and all is expected, we have a lower TL with many touches that you bring up to highs.. look how midline fits. So we have an OVERSHOOT, which will expect a BREAK out of TL to upside. within the uptrend we have the close outside and new high; so - yes, we still expect a new LOW on the D chart. The chart is right, the news is secondary ;)
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