Dow Jones Industrial Average
The Dow rally broke clear of resistance at 8000, but slowed over the last 3 weeks to the point where it is now testing the lower trend channel. Reversal below short-term support at 7800 would signal that the rally has ended, while follow-through above 8200 would indicate a test of 9000.
Oscillators indicates consolidation; a breakout above 8200 would signal trend strength; and reversal below 7800 would warn of a reversal. In the long term, the primary trend is downward and respect of 9000 would indicate another down-swing.
Dow's effects on the rest ..........
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