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markrivest
14 sty 2018 15:38

DJUA Nearing Buying Opportunity-Part One 

Dow Jones Utility AverageDJ

Opis

The DJUA is nearing .618 support at the same time the Daily RSI is deeply oversold.
Elliott wave analysis indicates downward trend could continue for another five to eight trading days.
***Wave count will be illustrated in my next post.
If the DJUA bottoms soon the next rally could last for several weeks.

Mark

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