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DOW JONES making a Head & Shoulder pattern in 1hr time frame, must watch some consolidation on Neck line

DOW JONES was down on Thursday morning after testing the high level of 46689 in the last trading session as U.S. Treasury Secretary Scott Bessent suggested the U.S. might extend a pause on import duties on Chinese goods beyond the usual three months if China cancels plans for strict new export controls on rare-earth elements.