Home Market Analysis DOW JONES on the verge of another Feb-Mar selloff.

DOW JONES on the verge of another Feb-Mar selloff.

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Dow Jones / US30 is printing a peak formation identical to the February pattern.

This kickstarted the aggressive bearish wave to the bottom of the Channel and if the 4hour MA50 crosses under the 4hour MA100, it will confirm that.

If that happens, target 44,500 (-11.25% decline like Feb-March).