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The day is far from over, yet the Dow looks to be creating another “bearish upside wick” today, almost looks like the pattern on 10/25. These wicks are taking place at the same level as the peak back on 4/26, right at the Fibonacci 61% retracement level.
Does this mean the market will go down? NOPE!!! It does reflect that “SELLERS” are stepping in at key resistance!!! Get enough sellers or people harvesting and sometimes prices can go down!