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Night_Trader
25 gen 2014 16:09
DIA - Bat Pattern and possible reversal before a second leg down
Long
AMEX:DIA
240
SPDR Dow Jones Industrial Average ETF
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25 gen 2014 16:09
There is a Bat Pattern coming up in the DIA.
I expect a reversal at the .886 retracement and then another leg down. Should price build a trading range above the .886 level and before reaching it, prices will probably break through it and into the support zone.
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