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Markets Timing - DJIA 10.962 dn-92 p&f chart.
A quick up date and a look at the p&f chart here and still
heading down and down. Today, reversed down.7 sqrs. in red.
Have you been informed, that today, is the day members report
their "short positions"? Of course not, it's never mentioned and
not to forget options expire this Friday 17th, third Friday of the mth.
Last report on the DJIA was July 2nd then at 11,382 up+32 and
I wrote in black letters:-
"S.T.support is at 11,100. NO kidding! Lower later, for sure".
At the end of June, the end of the second qtr.as window dressing
hit stks.on the sell side on the 30th, the intraday day's low hit 11,226.
July 1st hit lower, at 11,106 that held until Friday 11th when the DJIA
went below at 10,908. So the S.T.support held for 11 days. In fact, the
close that Friday was 11,100 exactly, down -128 pts.
The next target is at 10,600 and the intraday low today, Tu.15th was
10,731 so just 131 more pts.to fall, that will be very possible this week.
Now take a look at the p&f chart here, not a pretty picture for sure.
Charlton Capital Ltd. Mr.618.
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