Therefore my expectation is to move lower, and not UP towards February's 50% level.
Trade on the side of support...
I don't favour higher prices, but if price is above the 5-day 50% level then it's going up (random length)
Below and it's down into Wednesday's 5-day lows.
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DOW Weekly and 5-day pattern
DOW moved higher off support early on Wednesday hitting the Weekly 50% level and reversing back down.
Didn't reach Wednesday's lows, but the bias is to continue down this week.
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