Quote Originally Posted by Hoop View Post
The Dow is getting close to its primary support level of 11750.
Indications are, it has a better than average chance of falling below that support. If it does the TA target is 11000
see Colin Twiggs Diary,
I would be surprised if the Dow didn't rally from around here: as you say, around a key support level right now. I think we may be around a low for the year in terms of the Dow - time will tell. A Dow chart from around the start of the decade and in particular the levels reached in 2002 tell a story as to where things might spring off in the near future.