The horizontal pink is the downtrend line from 2007 through the...

  1. 11,173 Posts.
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    The horizontal pink is the downtrend line from 2007 through the May 2011 peak, a key level for the Dow. It has landed on it for three out of the past 4 nights, including during today's big sell-off and then huge bounce (pink vertical). This is very bullish IMO... cheers



 
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