DJI - Potential ABC down

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DJI with potential ABC down forming the C wave down now.

Seems more likely than a push back higher with the RSI trend and regression channel issues.

Liking the .50 fib for a fairly swift retrace target, but might bounce/hold at the 200-day MA as it did back on July 8th.

A few noticeable price gaps on the 3-hr chart including one very near the 50% fib.

Long DOG calls.

Not financial advice.

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