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Dow Jones Futures - Jun 24

CME
Currency in USD
Disclaimer
38,631.00
-49.00(-0.13%)
Delayed Data

Dow Jones Futures Discussions

We are setting up for a break out
yeah, the Dow has been ranging for seven weeks now - the S&P500 and nasdaq have needed to catch to their top long term fib levels - they are all now pretty much at monthly fib levels from the GFC at 3.618 or 4.236 - as far as I'm concerned, there's only one way for all three indices to go from here and that's down - at least a really decent 10% correction and possibly a lot worse. over the next week or three the world is going to wake up to the fact that the global economy has not bounced back unscathed from the mess of the last year or so, let alone all the long term issues that have been kicked down the road - things are going to get very messy IMHO - well worth watching Harry Dent on youtube - some great charts that say it all!
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