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Posted on February 16, 2024 8:00 am by engrbytrade

Dow: 2008 Utility Average Index

On February 5, 2024 a review of the Dow Transportation Index revealed similar angles in the 2007 – 2008 and 2021 – 2024 chart structures. The Dow Utility Average Index also contains a similar angle of 30.89 degrees in the declining structures shown below.

Stock charts courtesy of StockCharts.com.

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