Dow Jones looking bearish

This chart of the Dow Jones Inustrial Average does not bode well for the shot term future. Fact that it has dipped below its 50 day average , and the low close bar of February 8th continues to signal that this market wants to push further down. I don't want to be the doom and gloom guy, I just read it like I see it. Expect more bearish price action in the coming days.
bearishpatternChart PatternsDOWEURUSDTrend Analysis

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