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DJIA: over the lower shoulder of the triangle, possible rise to 17606

DJIA trend is long

Mid-term negative movement- 3 lower tops, 2 deeper bottoms

CCI is over 0 which shows the possiblity for rise is big

We can’t expect a strong rise of the index, target 17606, risky for new long positions

Only a break over 17606 will give us a signal for a possible longer rise


 Varchev Traders


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