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Dow Jones Intraday

Source: Orbex Forex Broker (Review and Forex Rebates Up to 85%)

Pivot: 17420

Our preference: Long positions above 17420 with targets @ 17640 & 17730 in extension.

Alternative scenario: Below 17420 look for further downside with 17300 & 17200 as targets.

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

Dow Jones Chart

Dow Jones

 

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