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Posted on July 4, 2022 1:34 pm by engrbytrade

Dow: Falling Wedge (Reversal)

In addition to the Engulfing Bullish Candle noted on July 2, 2022, a Falling Wedge (Reversal) has formed indicating a move back up to 35,000 is expected.

Chart courtesy of StockCharts.com.

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