US 30 OR DOW JONES INDEX PlayoutThe Index itself is almost 6.1% or 2200 pips down so far. After looking at the weak Economic Data Index kept tumbling and saw no bounce so far. It will be interesting to see how the US Index behaves in a weak global market now. I have marked two paths that can play out a possible scenario in matching along with the waves. However, the overall bias remains BEARISH until it reaches my 1st POI. My first and second POI and a strong base are quite necessary for us to consider before initiating aggressive longs.
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