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- Last Update: 30 October 2020, 19:39
Support / Resistance Lines
Periodic comments here: https://orderly-bull-companion-blog.blogspot.com/
This chart list is intended to monitor the bull market%27s progress relying on simple charting (for clarity), intermarket analysis and the gut feeling. My objective is to keep an eye on the Big Picture, stay put when it is justified, try to pick optimal investment choices and entry points, and to revamp portfolio when major turns are apparent or appear to be imminent.
A cyclical bull market has been in progress since the March 2009 panic low. I am expecting it to exhibit typical behavior of a cyclical bull of the secular inflationary period with preserved inter-market relationships. (Please refer to John Murphy%27s work on intermarket analysis for in-depth explanations).
12/13/09 support at 1100 and 1050, if gets to 1050 a great point to add to positions
11/10/09 Who wants to bet that this relic will not see three digits ever again?
$2000 in 2011.
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