The Dow Jones quickly gapped up to the 125 year trendline of resistance. Now we wait and see if it hovers here as all the remaining gains are made in the Russell 2000 as the entire mega cap sector continues selling off into the September crash.
https://x.com/FinanceLancelot/status/1813697034899349691
....the bulls will say the centuries old uptrend line will be broken to herald a new bull rally
....the bears will say we have or about to reach the peak of that very long term trendline
....either way, it would be either very positive or very negative.
...how about let's see how far higher the DJIA can go?
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