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Dow Jones up and down comfort level

 
 
Reply Fri 13 Jul, 2012 03:37 pm
If you look at the DJ chart for the last year you'll find that the comfort level is around 1300o. It went down and up several times and always returned to the comfort level and will continue to do so until a dramatic trend change.

Look upon 13000 as a stretched rubber band that stretches to it's up limit and stretches to it's down limit.
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