>>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!
>
>This is what you get for following it every day, Jake.

It's vitally important for anyone who is invested in the stock market to pay attention. Especially in an unsteady market like we have now.

>It is back up to 10,585.

Testing resistence. I posted something on this in Message# 1472600.

>Maybe it will drop back down to 8000. That would be 25% below its current level.

Just to refresh, the DOW's intraday low on July 1 was 9,596 and 9,603 on July 2. Right between the 2 support levels I posted. We bounced, no big surprise. However, since then we rose to nearly 10700 and ran into the resistence. The downward pattern still exists.

>Keep on the sunny side, walk on the sunny side of life.

Always! ;)