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RE: This Chart Does *NOT* Look Good..
Totally agree. Price on the DOW bounced off my weekly demand at 23,500, then hit my 1st target at 25,000. I anticipate price hitting my 2nd target at 26,000. However, after that, I'm getting defensive. Might be another selling opportunity for the Big Boys, but they need a lot of Retail Investors to buy thinking the Markets are going to break all-time highs. I'm going to wait for price action to tell me what my next move should be
Always a wise decision @rollandthomas.
As for the markets, it seems about half the analysts I read expect a blow off top for the next 1-5 yrs, while the other half are already actively shorting the market. I've found it far easier to let the next guy have the last 10% as they say.