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Trade 5: Initiating a Pending Short on DOWI

Corto
Índice Dow Jones Industrial Average (DJ:DJI)  
EagleTrades  
DJ:DJI   Índice Dow Jones Industrial Average
13
3
The DOW INDUSTRIAL could retrace higher as it looks oversold in the near term, could retest the 200 days simple moving average and the fibs. Technically, its the best zone to short it where it could be an area where price forms a lower high. See chart for explanation

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