February 12th, 2012
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Dow Industrials (last: 8030)

by Rick Ackerman on April 16, 2009 3:02 am GMT

An 8343 target flagged here earlier still looks like a good bet to produce a tradable top, although bears had better step aside if that Hidden Pivot resistance is exceeded by more than a few points the first time it’s touched.  If that were to happen we’d be looking at a possible finishing stroke to as high as 8569. Alternatively, a  fall exceeding 7684 — analogous to the number I’ve given in the E-Mini S&P — could spell serious trouble for bulls.



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