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DOW Under 10k : Here we go again
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29/06/2010 10:43:40
 
 
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Title:
DOW Under 10k : Here we go again
Miscellaneous
Thread ID:
01470948
Message ID:
01470948
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Today appears to be time to test the lower end of the range. Back in Feb the DOW dropped briefly to 9835, then in May and early June, the DOW tested that low 3x intraday at 9869, 9774 & 9757 with the 1st 2 closing above 10k and the 3rd above 9900 before rising above 10k 2 days later.

We're currently sitting at 9854.

The next couple weak supports are at 9675 & 9430, then there's the fib retracement level at 9300. Following that the next strong support level lies at my 8k prediction.

Enjoy the ride!
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
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