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Dow Weekly

|Includes: SPDR Dow Jones Industrial Average ETF (DIA), QQQ, SPY

Here is a chart that NFTRH originated a few weeks ago to track the coming of the wave 5 top-out in the 'drive to 5'. And yes, the trigger down by MACD below its previous high (with Dow well above its previous high) did indeed turn out to be a bearish divergence.

Disclosure: No position in broad market, long precious metals sectors