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| MSCI EMR ETF ( Emerging Index ETF ) |
This chart indicates H&S pattern which is bearish for longer-term so
if u look on volume then see decline volume on right shoulder which
indicates to price may not go above near 50 levels . According to
fibonacci analysis 45 levels is a strong resistance point , so at this
levels we may see some kind buying moment at lower levels for the
completing of C wave of 2nd wave as indicated in chart.
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| Dow Transport |
Yesterday falling pattern may be completed near 4200 levels as i told
before so that will be the B wave of entire Declined Impulse wave
pattern then rise for C wave of 2nd wave .
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