DJIA has completed it's Sell- Setup and broken it's 1-3 Trendline on 9th March 2017. The 2-4 Wave forms a narrow pattern meets the 1-3 wave, further strengthening the sell structure. According to the Sell-Setup, market can come down to 20200 levels in coming weeks. Traders can put a protective stoploss at 21200.
Trade closed: target reached
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DJIA made low at 20420. Around 400 points profit. Traders book profit at current levels, maintain Trailing SL 20600.