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Date Posted: 10:01:27 04/21/20 Tue
Author: philbond007
Subject: Rising Wedges: mentioned in last couple weeks

Appear to be materializing:

USO: broke down outta the channel shown as solid blue lines. I'm thinking volatility will ultimately have the price test the dashed blue line much lower.

Silver: mid-channel support did not hold.

Gold: support comes in at the often mentioned $1,634 level or mid-channel.

Dow Jones: "rising wedge" breakdown, now we wait to see if it's a false breakdown, or if 19,121 will be revisited.














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