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Thoughts on Todays Markets - Random

Let's begin by looking at the DOW for a big picture version of where we are today. Notice the support from the red line, which is the average DOW price over the past 200 days.

Now I use technical analysis as a broad tool to add to my picture of what's happening in the market. However this will be a telling coming couple days as the 200 day moving average has acted as a very strong position of support over the past couple of months. Tomorrow will be very important.

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