DJI weekly chart analysis

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1) Dow Jones Industrial Average is still above its 50 week EMA.
2) It has formed a double top with a bearish divergence on RSI and Stochastic oscillator.
3) An ascending triangle formation is possible is the lower trendline is not violated.
注释
Moving towards the asc triangle bottom and 50 wk MA. Need to wait and watch what happens
注释
at the support
注释
Took support at the triangle bottom
Chart PatternsdjiadjianalysisTechnical IndicatorsTrend Analysis

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