Wednesday, July 14, 2010

Battling The Bands

It will be a telling next few days for the financial markets.  An aggressive rally has brought the DJIA back bumping up against the upper band.  Is it time for the next leg down?  I think so.
Dow Jones Industrial Average (Last 6 months)

"Here's a potential outcome (Dow peaking in the 10000-10500 range)."
Random Roving, September 16, 2009

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