I’d like to point out that the Dow Industrials fund DIA is right at its major Fibonacci retracement level. It’s also challenging the lows of the year. Come on – BREAK it! You know you want to!

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I’d like to point out that the Dow Industrials fund DIA is right at its major Fibonacci retracement level. It’s also challenging the lows of the year. Come on – BREAK it! You know you want to!

I have harped over and over how bearish I am and I assure you I am only emboldened after today’s action. It was a great day for bears not only because of the large downward movement, but there are key levels that have been noted here which have now been broken.
