Major Dow 30 Resistance at 11,245
The bold green horizontal line is the 61.8% retracement level, which acted as strong support prior to the big Autumn 2008 drop and now serves as major resistance in the face of this amazing countertrend run… Source
Tag Archives: Dow 30
The Fragility of a Dollar-Based Money System
We got back from South America on Friday…ready for a rest. So, we spent the weekend reading…and occasionally, thinking. What we’ve been thinking is that the dollar is dead meat in the long run. But in the short run, it might have enough life in it to bite investors on the derriere. The US stock [...]
Dow 30 on Razor’s Edge
A break beneath 9825 would violate the trendline that has been in place since the Dot Gov bubble was commenced… Source