Dow has taken a new high after the five waves uptrend and a three waves downtrend (a,b and c) There started a new uptrend which is currently in its third wave. First target is the R line at 13.984. I also want to point to the big fifth wave's beginning. There you see the 8 MA falling to cross the 21 MA. But see how the 8 MA does not cross but moves above the 21 MA. This is a very bullish sign in what ever chart you look at. If it comes on downside it is a very strong sell signal.
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