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Thursday, 20 August 2015

DOW to swing up from here in Downtrend

The present pattern suggests an upswing from here possibly as far as 173.50 (DIA price), followed by a downswing to c. 171, as the DOW continues is downtrend fuelled by prospect of Interest rise in the New Year. Final tentative target of the Downtrend is represented by the Green Line, in Jan or Feb 2016, at around 155.

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