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Monday, 13 July 2015

Dow: beware the Ides of July (15th)

Quite a surge in share prices this weekend (Thursday 9 Jul to today, Monday 13), giving mixed signals.

My guess is that the present upswing ends right where it is at now. This peak is unlikely to exceed the last peak on 18 Jun, but meet resistance at either the curved lines or straight Resistance Line R1.

Click image to enlarge.

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