Thursday, July 18, 2013

The Dow's Inexorable Run to 16,000

But then...
From Kimble Charting Solutions:
What do you get if connect these key "Emotipoints" (Emotional highs and lows)... The 1982 low, 1987 High, 2000 high, 2002 low, 2003 low and 2007 high together? 

You get a rare combo of resistance coming into play at Dow 16,000. As of this morning the Dow is now less than 500 points (less than 3%) from this potential key technical price point....MORE
http://blog.kimblechartingsolutions.com/wp-content/uploads/2013/07/dow16000arewethereyetjuly181.jpg

DJIA  15,555.03  +84.51.