charlief782

DOW- Crash incoming

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DJ:DJI   道瓊工業平均指數
Hello guys today I will be covering the dow jones. In the chart you see it forming a rising wedge. This is a bearish pattern and it almost broke out of it two days ago. The macd shows a bearish cross and the rsi is in the 60 range. Both these indicators resemble the crashes in 08 and 01. The market is long overdue for a crash and seems like it is the perfect time to happen.
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