Hi P,
I don't usually buy into the XJO thread - I usually keep my comments for CDU.
However, on this occasion, I'll make an exception. :) (Please excuse a little arrogance.)
P - I agree with you 100%.
DOW is very overbought - looks ready for a retracement.
Of course, as the pundits say, overbought can get more overbought.
But - this is already very very overbought.
Only a .50 cut can save it?
Cheers
Red
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