The DOW falls away from the highs getting bears excited

4 sept 2020

The DOW could not push to new all time highs before some serious selling pressure stopped the music. The move down has some buyers concerned that we are about to take a beating but the trend up is still is tact. A move down through 27400 will change the tone dramatically and trigger another selloff but time will tell if new highs are still on the cards in the near term.

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