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Sunday, March 21, 2021 12:48:30 PM
By: Marty Armstrong | March 19, 2021
While we do not see a major crash in terms of the Dow Jones Industrials, we have already elected a Weekly Bearish Reversal in the NASDAQ. A month-end closing below 13,000 for March will also warn that a retest of the 10800 level is possible. We have support at 12432 on a weekly closing basis and a weekly closing below that will was that a 2,000 point drop becomes possible.
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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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