DJIA : Critical Point 16953 *LINK*

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DJIA : Critical Point 16953
Melbourne Qindex 06:25 GMT 12/27/2013 - My Profile

DJIA : Critical Point 16953

The market momentum is strong when it is above the monthly cycle pivot centre at 16284*. The monthly cycle congested area suggests that the market has a tendency to trade within 16284 - 16891. The distribution profile of the monthly cycle probability chart indicates that the market has a tendency to trade between 16107 and 16815. On the other hand speculative selling pressure will increase when the DJIA is rejected from the weekly cycle normal upper limit at 16406 (see Monthly Cycle Reference / Normal Upper Limits : 16406 - 16616 - 16661 - 16953 - 17321 - 17346 - [17489] - 17863 - 17882 - 18203 - [18502] - [19219]).

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DJIA : Monthly Cycle Charts
http://www.qindex.com/djia.html

DJIA : Monthly Cycle Charts

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