TheLazyBrother

DJI - already reversed?

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TVC:DJI   Índice Industrial Médio Dow Jones
DJI downdraft from March seems clearly corrective, as it is not possible to count it as a five waves down, which does not necessarily apply to NDX as well. Rally off the lows could very well be the initial impulse up which means that next minor sell off should be bought. Such a conlusion is also supported by breath numbers.

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