Tuesday, January 24, 2012

12,876

This is the key level that we are watching on the Dow. If we break above 12,876 on the Dow, this uptrend will likely continue for a while. If we start to sell off, we could be in for a big trend reversal. Today looked like the start of a pull back until the buyers came in at the end of the day. We'll see how the price action looks tomorrow.

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