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Dow Jones at multi year fibonacci ratio

SPX Tech analysis by Simon Kazinsky on 13:11 May 22, 2017 EST



The Dow Jones reached an all time high at 7,250 in March and has not been able to keep moving up.

Interesting fibo ratios are observed on the monthly chart spanning two decades where each fibo ratio has served as a major support or resistance at some point.

Was the march top THE TOP?


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