50ftCat,
10 year Dow...see below...
Reason why i think 11750 is that is high back in Jan 2000 and we have tested (well close enuf) it 3 times as support in '08 so far.
The 11750 level proved hard to break as resistenance, having failed in May 06 and only finally breaking thru in late Sept 06.
Yes 11400 on the downside, thou is weak, 11,000 then 10700 after that.
Beyond 10,700 i'm just not looking atm, as the US economy would have to totally melt down if 10,700 was breached. US Govt would try everything to avoid that, as it would send the world into certain recession and Australia with it.
Cheers
Muzz
10 Year Dow Weekly
50ftCat,10 year Dow...see below...Reason why i think 11750 is...
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