Thursday, December 19, 2013

DOW Closes at 16179.08, a Near Perfect Expression of Fibonacci


As posted here recently, a superb target for a potential major top on the DJIA would be 16,180 to 16,200. Today's high was 16,194 and the close was one point off of a perfect 16,180. Of course this is a highly speculative observation, which hasn't been mentioned by anyone else that I'm aware of. We'll find out soon enough if the markets react to it.

Kim Rice 12/19/13

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