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Houston we could have a problem! Is the Dow forming the right shoulder of a bearish head & shoulders top? Too soon to tell? Sure could be.
I do find today’s action, a bearish reversal wick at the same level as the potential of left shoulder to be very interesting to say the least!
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I shared the 5-pack above yesterday on Stocktwits (see here). I feel the rally following a decline can tell us a ton about where the next key move will be in these key index’s!
Stay tuned friends….lets see how this pans ouT!
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