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We just broke through the 200 DMA in the DOW. Next support is 25,200. If that support is taken out, there is a lot of support at 24,400 DOW. I don't see that level breaking near-term but wouldn't be surprised if we end up near 24,400 DOW by the end of the week.
FWIW I think you guys are buying too early. I bought a bunch back in late December, that was a sale, we aren't even close to that level yet. Things will probably get a lot worse if this is the tariff road we are going down. People aren't desperate/scared yet like they were in December.
This isn't a sale.. we are barely 4% off the highs. It isn't a good sale unless it's over 10% off. Not interested at the moment since we're still too close to all time highs.
This isn't a sale.. we are barely 4% off the highs. It isn't a good sale unless it's over 10% off. Not interested at the moment since we're still too close to all time highs.
Bingo
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