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Well the DJI closed above the 12,795 (61.8 fib) retracement. White,
red, and yellow are at/near bottom on daily chart and this could mean
the start of DJI and yellow turning up. Basically white is at short
term support and red and yellow are at long term support.
Looking at DJI 6 chart layout the 5 min all indicators are at/near
support which by the way equals white on daily being at/near support,
Also looking at 15, 60, 120, and 240 min time frames red and white are
at/near bottom with yellow's trend. Also the last bar on those time
frames comes up auto and is incorrect. I also am still on alert for
DJI losing support and indicators becoming a driver.
I also think the USD has support now if it closes up today. The red hit
bottom and yellow is already trending up. This also equals my thoughts
on gold and oil going down.
Best Wishes
Burt Whitley
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