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Friday, February 1, 2019
Dow - Testing Overhead 200 Days Resistance and RHO Trendline
DOW Tradeplan - Dow is currently testing the overhead 200 days MA and the RHO Trendline resistance. This Blog expect the current counter trend rally to run out of steam soon , a break a below 247760 will take the index to 24310 , 23180 and 22625 . Its worth noting the volume traded on 31 Jan was the highest in January , an indication the index could pull back soon.