Another Major Fib

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Given the fact that, in the spite of only a few trading hours, the Dow has vaulted nearly 2,000 points higher, I wanted to share the long-term chart below. This is the continuous contract of the /YM (the Dow Industrial futures), anchored to the financial crisis low and the lifetime high, which is a range of over 30,000 points.

Kindly note where we are right now: