Friday, April 11, 2014

Beware the Dow reversal here.

Playing off of this post, today's drop at the open brings us to a significant support line.  Beware the AM reversal that gives longs one last move up into the end of the month in order to Walk Away in May.  A drop below about 16000 on the Dow most likely negates this.  I think the longs will try to hold the line there.


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