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US30
US30- Currently the Dow Jones industrial average is at an area of resistance on our trendline and from a weekly point of view, price action seems to be at an area where it has formed a double top.
- If price action will continue to reject, we can expect a strong bearish move that could send the index down hundreds of points.
- Also there is a lot of uncertainty regarding the election (which takes place next month) that also supports a bearish move.
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