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Will_Wong

DOWI-Ending Diagonal Completed and Impulsive 5-wave down started

Short
Dow Jones Industrial Average Index (DJ:DJI)  
Will_Wong  
DJ:DJI   Dow Jones Industrial Average Index
2
0
The impulsive wave down can wipe out all the gains from the start of the ED which will take it to 9614. However, watch for the FED to suspend the interest rate hike indefinitely and then introduce QE4 well before the DOW reaches 9614.

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