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Strategies & Market Trends : Ask DrBob

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From: herry iball	5/24/2005 12:06:42 PM
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Looking at a 240 minute DOW chart, there are two upper fork lines, horizontal resistance, and .618 retrace all clustering around the 10620 area (blue box).....assuming we can get past the 10550 horiz resistance first. share.esignal.com Looking at the daily Dow, the centerline of the 200 period regression channel (white, arrow) shows resistance at around the 10620 area as well. share.esignal.com

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