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Posted on July 12, 2023 1:30 pmJuly 12, 2023 1:34 pm by engrbytrade

Dow: Ascending Triangle 2019 vs 2023

There is a 20% chance the Dow will continue to move higher if it breaks out of the ascending triangle shown below. If this occurs it will end badly, just as it did in 2019 -2020.

Stock charts courtesy of StockCharts.com.

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