DJIA weekly - rally or uptrend


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DJIA weekly

The weekly chart of DJIA forms a black candle with higher low and higher high with increasing volume.

It is a concern though that the black candle seems to have formed a bearish engulfing pattern that will be confirmed by a formation of a lower low and lower high in the succeeding trading days. I hope the bearish engulfing is not confirmed.

Good luck to all traders!
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