I was looking at charts this morning, and a few key levels to note on the Dow are:
> The Fibonacci Extension (FE) of 2008's high/low:
(seems scary and impossible, but who thought we would be under 7000 6600?)
> The halfway point between 2008's low and the FE:
(just a stone's throw away from current levels - see the white dashed line on the chart).
A Simple Mistake Traders Make
7 hours ago