DOW at important long term support: needs to hold for more upside.

The DOW bounced so far, intra-day, off of long term support (lower red trend line), in place since 2013. If it doesn’t hold, then price will likely try to find support at the lower yellow trendline, in place since the October 2011 price low.  The white triangle suggests a rising wedge may have completed off the mid-October 2014 low (abcde labeling).

INDU update 622015

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