The Dow Jones xxx index is ripe for a consolidation afterward a potent deed over the by few weeks. Its broken fundamental long term resistance, in addition to I human face these levels to hold upwards tested for back upwards going into the twelvemonth end. Trend is upwards for instantly on a cloud nautical chart basis, amongst the hap halt of the cloud equally a fundamental back upwards zone!
Levels to scout for back upwards are: 23% Fib retracement :18858, in addition to and then 38% Fib degree 18673, which is business office of onetime resistance levels, that is the novel back upwards zone! Expect a brief consolidation of recent moves, in addition to and then continuation of the rally.
Happy trading.
Regards
Richard Muller
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