DOW JONES SCENARIO

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This is quite a scary scenario, with all the talks of economic disaster, i personally just focus on technical analysis, and allow the charts to do the talking. We have a weekly wedge, that has just formed a doji and next weekly has started to move down, if this closes below 32750 we could see an evening star formation on the weekly timeframe. Overwatch has just pipped the upper boundary, Lower side of the wedge coinsides with a fibb retracement on the daily chart below. Lower tf analysis could catch some nice trades here i feel.

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