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Posted on December 28, 2021 12:21 pmMarch 16, 2025 5:41 am by engrbytrade_tech

Dow: Rising Wedge Expected

Daily engrbytrade™ Dow calculations confirm a move to 38,473 is in progress.  Structural calculations indicate a rising wedge is expected to develop with the Dow hitting a peak by February 2022.  This peak would be similar to what occurred in January 1973 and January 2000.

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