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Dow Jones Today, 20 minutes before the market open! July 2022

For today (05 July, 2022), this technical analysis applies ONLY IF AND WHEN Dow Jones crosses up 30650 after the market open. It can also apply for swing traders that would like to consider a Long, but only if and after Dow Jones futures (YM) closes a 4 hour candle above 30650
Credit Suisse slashed its end of year target for the S&P, which expedited selling today
We wait for Dow Jones to cross up 30650, and it it will do so, we then offer to consider a contrarian bet that offers a low probability to win, but compensates with a high reward vs risk ratio, as presented in the technical analysis video below
Entry price for the Dow Jones Futures: 30650
Stop Loss: 1% below the entry price
Two take profit targets, averaging a reward vs risk ratio of almost 5.5 to 1, where the risk is 1%. This is a fantastic trade if and when it plays out
Always trade the Dow Jones Index or futures at your own risk only.

Get more updates and information for Today's Dow Jones at
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