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Dow Jones Intraday ( 2015.08.11)

Source: Orbex Forex Broker (Review and Forex Cashback)

Pivot: 17310

Our preference: Long positions above 17310 with targets @ 17590 & 17720 in extension.

Alternative scenario: Below 17310 look for further downside with 17220 & 17170 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Dow Jones Chart

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