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Monday, May 2, 2011
Dow Jone Industrial Average - Trendline Analysis
Below is a price chart of the DJIA. Since August prices have remained in the price channel. Each time, however, that price has touched or came close to the upper channel line we have experianced a rapid decline. Will it happen again? We are within about 100 Dow points of the top channel line right now. I'll be watching.
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