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ContraryTrader

DJI update

Dow Jones Industrial Average Index (TVC:DJI)  
ContraryTrader  
TVC:DJI   Dow Jones Industrial Average Index
Support and Resistance Fibonacci
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supportandresistance fibonacci
Broke out of its channel this week with help from the Banks and material sector. Also DJT has broken out from its down trend and DJU appears to have also broken out of consolidation. Short term i think wee pullback to the support of most recent uptrend (Purpline) then rally. to fib target of 35,824. Theres no more divergence at RSI

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